Located within a bustling commercial hub on Belmont Avenue in the heart of the mixed business precinct, Unit 13 / 28 Belmont Avenue provides a modern and well-presented office suite with the added benefit of its own storage / warehouse space.
Comprising approximately 128sqm of partitioned offices over two levels and approximately 104sqm of high truss storage this property has the flexibility to suite a myriad of business types.
The property is current leased to Smith Detection Australia, a Global leader in threat detection and screening technologies. (https://www.smithsdetection.com/about-us/)
Lease Summary:
Annual Net Rent: $63,945
Rent Reviews: 5% annually with a Market review at the option. Ratchet clause applies.
Term Commenced: 15 January 2023
Term Expires: 14 January 2026
Option: 2 x 1 year, commencing 15 January 2026
Outgoings: 100% Payable by the Lessee
In addition, 6 car bays are allocated to this property on the title for the exclusive use of the occupier.
This property would be a great addition to a SMSF or private investment portfolio for buyers in the $1m price range.
To be sold by "Offers Invited"
For further information or to arrange an inspection, please contact the exclusive Selling Agent Simon Matthews 0401676285
The size of Rivervale is approximately 3.3 square kilometres. It has 15 parks covering nearly 3.2% of total area. The population of Rivervale in 2016 was 10366 people. By 2021 the population was 10897 showing a population growth of 5.1% in the area during that time. The predominant age group in Rivervale is 30-39 years. Households in Rivervale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rivervale work in a professional occupation.In 2021, 44.70% of the homes in Rivervale were owner-occupied compared with 43.80% in 2016.
Rivervale has 6,930 properties. Over the last 5 years, Houses in Rivervale have seen a 95.22% increase in median value, while Units have seen a 96.42% increase. As at 28 February 2026:
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