107 and 138 Abernethy Road, BELMONT WA 6104
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- Offices, Industrial / Warehouse
- Floor area:
- 47 x Onsite parking
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- Land area:
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- NABERS energy rating
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- 4 Mar 2017
TWO MODERN FREEHOLD BUILDINGS OFFERED TOGETHER AS A LEASED INVESTMENT
107 and 138 Abernethy Road, Belmont comprise two modern purpose built stand-alone office buildings incorporating a total of 7 tenancies with leasable areas of 604sqm* and 908sqm* respectively.
The buildings have had a solid leasing history however one vacancy in each of the buildings provides a limited opportunity for an investor/owner occupier to co locate within their own investment property.
The property has a current net income of $258,750 pa and an asking price of $4,150,000. A conservative estimate on the letting up of the two vacancies would result in an above average return for a property of this type and quality.
The fact that the property is available for well below replacement cost is further evidence of the properties intrinsic value.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
107 and 138 Abernethy Road BELMONT