Located on highly active Belmont Avenue with easy access to Great Eastern Highway and Abernethy Road, this modern property is positioned within the tightly held Belmont commercial precinct, providing a great opportunity for investors to get into the highly sought after area.With 8 designated car bays, it allows for ample parking for both staff and visitors providing a point of difference. The property boasts an excellent location, being within 8km from the Perth Airport and 5km from the Perth CBD.Lease Terms:Lease Term: 5 years + 5 yearsCommencement date: August 2024Net Rent: $60,000pa + GST + OutgoingsAnnual increase: Greater of 4% or CPI with a Market Review at the OptionFeatures:+ 365sqm* Ground floor area+ 127sqm* Mezzanine+ 8 exclusive car bays+ Rear roller door+ Tightly held location+ Brand new leaseAsking PriceOffers InvitedFor further details or to arrange an inspection, please contact the exclusive selling agents Brodie Keay (0403 552 809), Ethan Roux (0456 606 904) and/or Andrew McKerracher (0411 611 919),*Approx
The size of Rivervale is approximately 3.3 square kilometres. There are 15 parks, covering nearly 3.2% of the 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 6,956 properties. Over the last 5 years, Houses in Rivervale have seen a 90.53% increase in median value, while Units have seen a 94.26% increase. As at 31 July 2026:
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