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JLL - Perth

70 Cleaver Terrace Belmont, WA 6104

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70 Cleaver Terrace,
Belmont, WA 6104

Warehouse, Factory & Industrial

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JLL - Perth

JLL - Perth

Level 31, 152-158 St Georges Terrace
PERTH, WA 6000
08 9322 51...
JLL - Perth
70 Cleaver Terrace
Belmont, WA 6104

Map of 70 Cleaver Terrace

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Value Add Investment Opportunity

  • 3,841sqm freehold lot
  • 1,518sqm building area
  • Two year lease with long standing tenant
JLL is excited to offer for sale 70 Cleaver Terrace, which comprises a fully leased investment located in the heart of Belmont.

70 Cleaver is a single tenanted industrial asset which sits on a single freehold title and enjoys an elevated, high profile, prominent position with 3 street frontage.

The asset is underpinned by its strong underlying land value and proximity to the Perth CBD & Perth Airports and its access to the increasing population catchments of Belmont and surrounding suburbs.

The site enjoys excellent access to world class road networks which provides high connectivity to all of the Perth metropolitan area.

Investment Highlights

- 3,841sqm* total land area
- 1,518sqm* of total building area + 222sqm* of canopy
- Fully leased to KI Group who have been providing specialist services to the mining, oil and gas, civil, commercial, construction and industrial sectors for 32 years
- Land rich investment with a very strong leasing history
- Under developed site area allowing increased return via additional development
- Passing income of $157,885.33 per annum
- Lease expiry May 2024
- Zoned “Mixed Business” under the City of Belmont

In a market starved of investment grade options this is an opportunity for savvy investors to acquire an income producing property in the premium industrial asset class 9km from the CBD.

For further information please contact the exclusive selling agents from JLL.

*Approximately

Property ID: 504113955Last Updated: 12 Oct 2022

JLL - Perth
Level 31, 152-158 St Georges Terrace
PERTH, WA 6000
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