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5 Stoneham Street
Ascot WA 6104
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5 Stoneham Street Ascot WA 6104

  • Offices
  • 2,000 m²
  • For Sale, Contact Agent

Endless options - occupy, invest, develop or land bank!

    5 Stoneham Street, Ascot is a 2,000sqm* freestanding two-storey office building positioned on a 2,372sqm* parcel of land within the Belmont commercial precinct adjoining Ascot Waters.

    Enhancing the property's potential is the placement of its position within the Golden Gateway. This is a strategic area that is boarded by Great Eastern Highway, the Swan River, Resolution Drive and Grandstand Road, Ascot Racecourse, Carbine Street and Hardey Road. It also includes the Ascot Kilns site.

    Tipped and planned to be the next high quality mixed commercial and residential development area within the City of Belmont this location has much to offer. More specifically 5 Stoneham Street, Ascot is located within Precinct 2 of the Golden Gateway which is earmarked to be the primary interface between the whole development area and Ascot Waters putting this building right on the doorstep of the Swan River and all of the foot traffic that comes with it.

    Given the location and placement within the Golden Gateway the property provides for an excellent land bank and future development opportunity with some reasonable holding income. Alternatively with the few vacancies and short term nature of the leases in place there is an excellent opportunity for an occupier to purchase a building well below replacement cost and immediately occupy part of the total area. The remaining units could continue to be leased or the future owner could progressively move into each as they become available.

    The building is separated into 6 tenancies with three ground floor tenancies of approximately 290sqm*, 256sqm & 170sqm, and 3 first floor tenancies of approximately 370sqm*, 361sqm and 170sqm*. The remaining approx 383sqm is common area which is equipped with kitchenettes, bright lit walkways plus male and female amenities.

    Unit 1: A Ground Floor 290sqm office leased to Red Health Solutions Pty Ltd unit 2025. The tenant is currently paying $43,500 + outgoings + GST.
    Unit 2: A Ground Floor 256sqm office leased to Red Health Solutions Pty Ltd unit 2025. The tenant is currently paying $38,400 + outgoings + GST.
    Unit 3: A Ground Floor 170sqm office leased to Zone 50 Engineering Pty Ltd unit 2024. The tenant is currently paying $18,000 + outgoings + GST.
    Unit 4: A vacant first floor 370sqm office which can be leased or occupied by a future owner.
    Unit 5: A vacant first floor 361sqm office which can be leased or occupied by a future owner.
    Unit 6: A first floor 170sqm office leased to Tyre Response Group Pty Ltd unit 2025. The tenant is currently paying $26,265 + outgoings + GST.

    For the information memorandum, or to arrange an inspection please contact the Agents:

    Chris Matthews
    RWC WA
    Mobile: 0413 359 315
    Email: chris.matthews@raywhite.com

    Liam Pittaway
    RWC WA
    Mobile: 0439 555 439
    Email: liam.pittaway@raywhite.com

    *Approximate

    Property Highlights

    Floor Area2,000 m²
    Land Area2,373 m²
    Energy0-star NABERS Energy rating
    Parking47 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2018822948
    Category
    Last updated  25 Mar 2024
    Map for 5 Stoneham Street Ascot WA 6104

    Property Highlights

    Floor Area2,000 m²
    Land Area2,373 m²
    Energy0-star NABERS Energy rating
    Parking47 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2018822948
    Category
    Last updated  25 Mar 2024
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    Property FAQs

    The agent has not listed a sale price for 5 Stoneham Street Ascot WA 6104. Contact the agent for a price guide.
    The floor area for 5 Stoneham Street Ascot WA 6104 is 2,000 m².
    Yes, there are 47 on-site parking spaces available at 5 Stoneham Street Ascot WA 6104.
    5 Stoneham Street Ascot WA 6104 is currently tenanted.
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