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60 Belmont Avenue Rivervale WA 6103

  • Factory, Warehouse & Industrial
  • 7,340 m²
  • For Sale, Offers from $7,850,000 + GST

A Substantial Mixed Business Site with Holding Income

  • Occupy, Redevelop or Sub-Divide
  • Site area 13,936 sq m
  • Building area 7,340 sq m

Savills and CBRE as joint exclusive selling agents present to the market 60 Belmont Avenue, Rivervale, WA for sale. This substantial site presents a multitude of opportunities for owner occupiers, investors and developers to secure a significant land holding with secure income until November 2022.

Holding a prominent position on Belmont Avenue, located just off the corner with Francisco Street and 650 metres from the junction with Great Eastern Highway, this site, improved with 7,340sq m of office and warehouse areas.

Subject to sub-division approval, there is also potential for a buyer to part only of the site, with areas from 4,000sq m upwards.

Main features include:
Site area of 13,936sq m
Functional current improvements totalling 7,340sq m, comprising:
Office 250sq m
Warehouse 6,590sq m
Canopy 500sq m
Wide frontage with multiple cross-overs
75 marked car bays at the front of the site
Zoned Mixed Business City of Belmonts Town Planning Scheme (No. 15)
Suitable uses include office, showroom, warehouse and café uses.
Belmont Avenue frontage - one of the main thoroughfares of Rivervale and Belmont
Secure holding income until 30th November 2022
Passing net annual rental of $256,900 plus outgoings and GST

The location provides excellent linkages to the major network roads, including the Great Eastern Highway, Graham Farmer Freeway and Tonkin Highway, affording fast travel times to the Belmont Forum Shopping Centre (1.5km), Burswood entertainment precinct (3km), Perth CBD (7.5km) and Perth Domestic (5km) and International Airports (8.5km).

Inspections are to be undertaken by appointment only.

For a copy of the Information Memorandum, or to arrange an inspection please contact the joint exclusive selling agents.

*All areas, dimensions, distances and dollar amounts stated are approximate only and subject to verification.

Address60 Belmont Avenue Rivervale WA 6103
ZoningMixed business
CouncilCITY OF BELMONT
We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.
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Property Highlights

Property ID2015096953
Floor Area7,340 m²
Land Area1.39 ha
Parking75 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  5 Jun 2020
Map for 60 Belmont Avenue Rivervale WA 6103
Map for 60 Belmont Avenue Rivervale WA 610360 Belmont Avenue Rivervale WA 6103
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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Savills Perth
Level 27, 108 St Georges Terrace Perth WA 6000

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