8/28 Belmont Ave,
Belmont, WA 6104

Showrooms & Large Format Retail

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RARE INVESTMENT OPPORTUNITY

Constructed in 2005, 28 Belmont Avenue, Rivervale consists of 21 office / warehouse units. The complex is a modern stylish concrete tilt up design with extensive glass Frontages adding to its appeal. Unit 8 is situated in a position which is visible from busy Belmont Avenue. The unit is also positioned in a way which makes access easy for trucks and larger vehicles. The unit has a ground floor area of 168m2, mezzanine of 65m2 giving a total floor area of 233sqm. The total strata area is 289m2 (includes 4 car bays). The unit presents extremely well.

LEASE DETAILS
Current Rental - $45,000 p.a. + GST.
Outgoings - Tenant pays all outgoings
Rent Reviews - Annually to greater of CPI or 3% on the exercise of any option it is the greater of market value, CPI or 3%.
Lease Commencement - 1st July 2005
Lease Expiry - 30th June 2010
Option Terms - Two periods of 5 years each

Contact Cameron Porter on 947097... or 0401691664 for further information.

Belmont, 6104 demographic data

The median household income for Belmont is $1,557, 17% lower than Greater Perth's household income of $1,865. Belmont has a younger age profile compared to the rest of Greater Perth (median age 36 vs 37). Property ownership data shows 58% of property owners in Belmont have a mortgage.

6,959

Population

$1,557 per week

Median household income

36 years

Median age

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Most residents

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Most households