42 Belmont AvenueRivervale WA 6103
Property Details for 42 Belmont Ave, Rivervale
Last Listing description (May 2023)
Tilt Commercial are pleased to present to the market For Sale 42 Belmont Avenue, Belmont by way of Expressions of Interest closing 4pm WST 5th April 2022.
The property presents an exceptional opportunity to purchase a high profile commercial investment with a long standing tenant and long term lease.
PROPERTY HIGHLIGHTS:
- Total Building Area: 1,628sqm
- Total Land Area: 3,006sqm
- Rental income: $350,000pa + +
- Lease term: 5 years + 5 year Option
- Exceptional tenant in place
- IRATA Rope Access Training Approved
- Prominent and strategic Belmont Avenue location
- Solar power included (120 panels) installed 2021
- Zoned 'Mixed Business' under the City of Belmont Town Planning Scheme 15 providing for a broad range of potential users or redevelopment options
- 45 car parks
- Easy access to the Perth CBD & Perth Airport via Great Eastern Highway
- Motorised roller door x 4
- Canteen and full kitchen
- Cafe opposite the property
- Three phase power supply
- Bus stop #286, #287, #380 right in front of the property
For further information or to arrange an inspection, please contact the exclusive selling agent CRAIG CAIRNS on 0421 939 668.
Property History for 42 Belmont Ave, Rivervale, WA 6103
- 08 Mar 2022Listed for Sale For Sale by EOI closing 4pm 5th April 2022
Recent sales nearby
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About Rivervale 6103
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 6,942 properties. Over the last 5 years, Houses in Rivervale have seen a 91.37% increase in median value, while Units have seen a 98.82% increase. As at 31 March 2026:
- The median value for Houses in Rivervale is $1,122,097 while the median value for Units is $704,345.
- Houses have a median rent of $750 while Units have a median rent of $695.
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