[SOLD] Ideal Long Term InvestmentVery Affordable Warehousing with Work Room

72-74 Belmont Avenue, Rivervale

  • Land445m2
  • Building445m2
  • TypeIndustrial/Warehouse

72-74 Belmont Avenue, Rivervale

Property Highlights

  • High Yielding Lunch Bar Component
  • Excellent Location Fronting Belmont Ave
  • Great Accessibility

This property has been SOLD.

Here is your opportunity to secure a SUPREMELY located property – fronting busy Belmont Avenue that is partially let to a long standing popular lunch bar.

The front part of the property (facing Belmont Avenue) is utilised as a takeaway / lunch bar and the rear part – which has only recently become vacant is a combination of office and warehouse.

Following purchase you could choose to lease out the rear warehouse for a tidy little long term investment or operate your own business from the warehouse component. This property does not adjoin any other property within the strata complex.

Total improvements 445m2
Total land 445m2

Lunch Bar Component Details
– Long term, reliable tenancy
– Annual rental of $43,580 plus outgoings and GST
– Lease expiry Sept 2020 – plus 2 x 5 year options
– 110 m2 apprx

Warehouse Component Details
– Total footprint of 335m2 apprx, comprised of:
– 55m2 apprx dropped ceiling workroom with air conditioner
-280m2 apprx low truss warehouse
– PLUS a BONUS 55m2 apprx mezzanine, air conditioned office – not factored into the price
– 3 phase power
– security alarm
– good access

Annual Variable Outgoings
Strata Levies $3,026
Council Rates $4,564
Water Rates $1,756
Land Tax $2,691

Perth Commercial Property welcome your enquiry on this property:

Marc Valentine
0403 309 343

Anna Valentine
0427 182 296

Enquire about this property