5 Belmont Avenue

Belmont WA 6104

Burgess Rawson are pleased to present to the market For Sale, 5-7 Belmont Avenue, Belmont.This freestanding office, in an outstanding high profile location, benefits from being superbly located and has recently been refurbished to a very high standard. It sits on a substantial freehold site with excellent exposure to Great Eastern Highway.LocationThe subject property allows easy access to all corridors of the Perth Metropolitan area due to its outstanding location next to a variety of major roads and highways including Tonkin Highway, Abernethy Road, Orrong Road, Leach Highway and Great Eastern Highway. The Perth CBD is only a 15 minute drive.ImprovementsThe property comprises a two storey office building of approximately 1,196sqm*. The building has been substantially refurbished and presents excellently to a corporate standard. The site has ample parking at the rear of the building. There is also a substantial Telecommunications Tower that supports multiple carriers.TenantsBiosymm Pty Ltd7 years commenced 6 May 2021, expiring 5 May 2028Vodafone Network Pty Ltd21 years, expiring 2045*Optus Fixed Infrastructure Pty Ltd20 years commenced 1 January 2023, expiring 31 December 2042*Net Income $305,419.40pa as at 1 July 2024* Conditions apply refer to Information MemorandumAsking Price: All Offers Considered 7% + YieldFor further information or to arrange an inspection, please contact the Selling Agents.*Approx