70 Cleaver Terrace Belmont WA 6104

JLL is excited to offer for sale 70 Cleaver Terrace, which comprises a fully leased investment located in the heart of Belmont.

70 Cleaver is a single tenanted industrial asset which sits on a single freehold title and enjoys an elevated, high profile, prominent position with 3 street frontage.

The asset is underpinned by its strong underlying land value and proximity to the Perth CBD & Perth Airports and its access to the increasing population catchments of Belmont and surrounding suburbs.

The site enjoys excellent access to world class road networks which provides high connectivity to all of the Perth metropolitan area.

Investment Highlights

- 3,841sqm* total land area
- 1,518sqm* of total building area + 222sqm* of canopy
- Fully leased to KI Group who have been providing specialist services to the mining, oil and gas, civil, commercial, construction and industrial sectors for 32 years
- Land rich investment with a very strong leasing history
- Under developed site area allowing increased return via additional development
- Passing income of $157,885.33 per annum
- Lease expiry May 2024
- Zoned "Mixed Business" under the City of Belmont

In a market starved of investment grade options this is an opportunity for savvy investors to acquire an income producing property in the premium industrial asset class 9km from the CBD.

For further information please contact the exclusive selling agents from JLL.

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