*Campaign Close Date brought forward to 18th March 2026*An outstanding opportunity exists here for you to acquire a well-located, income-producing commercial investment within the tightly held Bellevue General Industrial precinct. With a short-term lease tail, this presents options for either an owner-occupier, investor or developer purchaser to make preparations for the lease expiry. The asset is currently leased to Western Geolabs, an established metallurgy laboratory operator who has successfully traded from this location for over 20 years. The lease profile provides income through to September 2026, with a further 12-month option to September 2027.- Upgraded 100amp power supply (approx)- General Industry zoning- Future development potential Set Date Sale - Closing 18th March 2026 3PM (AWST)*Situated within a core industrial location, the property benefits from excellent access to surrounding arterial road networks and is only a short drive from Midland Commercial precinct and the Midland Town Centre. Perth Airport is only a short drive away via the Great Eastern Highway Bypass making this a centrally located hub with easy access to all areas by road, rail or air. *The Seller reserves the right to adjust the campaign close date if required.
The size of Bellevue is approximately 3.0 square kilometres. It has 11 parks covering nearly 25.0% of total area. The population of Bellevue in 2016 was 1521 people. By 2021 the population was 1514 showing a population decline of 0.5% in the area during that time. The predominant age group in Bellevue is 30-39 years. Households in Bellevue are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bellevue work in a trades occupation.In 2021, 67.20% of the homes in Bellevue were owner-occupied compared with 72.40% in 2016.
Bellevue has 1,254 properties. Over the last 5 years, Houses in Bellevue have seen a 117.96% increase in median value, while Units have seen a 114.91% increase. As at 30 April 2026:
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