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Development site with holding income

87 Belmont Avenue, BELMONT WA, 6104

For Sale

Property for Sale in 87 Belmont Avenue, BELMONT WA, 6104

Ray White Commercial (WA)

Ground Floor, 12-14 The Esplanade, Perth, WA 6000

Listing ID:
11366577
Status:
Active
For:
Sale
Price:
$1,900,000
Last Updated:
16/12/2019
Icon building

Property Type

Land/Development
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Land Area

3189 SQM
Icon size

Floor Area

N/A
Icon parking

Parking

N/A

Development site with holding income

Ray White Commercial (WA) are pleased to offer 87 Belmont Avenue, Belmont for Sale.

The property presents a fantastic opportunity for owner occupiers, developers or investors who are looking for a short to medium term holding income with future redevelopment options.

The key features include:

• 1,482sqm* building separated into 3 tenancies
• 3,189sqm* parcel of unencumbered land
• Holding income of approx $96,000pa plus GST (semi gross rental)
• Redevelopment clauses in all leases

*approximate

For further information or to arrange an inspection please contact

Chris Matthews
Ray White Commercial (WA)
M: 0413 359 315
E:chris.matthews@raywhite.com

Nigel Tennant
Ray White Commercial (WA)
M: 0439 555 439
E: nigel.tennant@raywhite.com

For more details, please email agent


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Ray White Commercial (WA)

Ground Floor, 12-14 The Esplanade, Perth, WA 6000


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