9 Belmont Avenue,
Belmont, WA 6104
Shops & Retail • Development Sites & Land • Other
Key property information
Land area
Floor area
Car spaces
Zoning
Tenure type
Sold on
Map of 9 Belmont Avenue
Long term Investment opportunity
Owning 9 Belmont Avenue in Belmont is probably the most rewarding way of ''Land Banking '' a strategically located property while getting a fair return on the investment.
Location , Location , Location!
1,619 m2 Block with established Restuarant premises of 450 m2.
25 Car Parking Bays
Located approx 200m from Great Eastern Highway and 100m diagionally across from iFLY Perth, internal Skydiving Centre !
This property is a well established Hospitality Venue, currently tenanted by a successful Pakistani Restaurant called Riwayat Restaurant, it has a 4.5 Star Google rating from over 1,336 reviews !
The tenant has just exercised a 3 year Option on his lease and has one more 3 year Option with a CPI rent review.
This property has the potential to be redeveloped in the future and to maximise the plot ratio by going up to 5 or 6 levels. Approval from the City of Belmont will be required.
The potential is very impressive.
The current tenant pays on time and covers the other costs too. The Outgoings are approx $25,150 p.a. + GST and the current net rent is $80,056.00 p.a. + GST.
Investing in this location is a prime opportunity for long term Investors.
Full details are available by contacting Robbie Doyle on 0422 978 4... | robbie.doyle@professionalsmc.com.au
Professionals MC Commercial, we are a Commercial Agency specialising in the Sale and Leasing of all types of Commercial properties including the sale of Businesses.
Location , Location , Location!
1,619 m2 Block with established Restuarant premises of 450 m2.
25 Car Parking Bays
Located approx 200m from Great Eastern Highway and 100m diagionally across from iFLY Perth, internal Skydiving Centre !
This property is a well established Hospitality Venue, currently tenanted by a successful Pakistani Restaurant called Riwayat Restaurant, it has a 4.5 Star Google rating from over 1,336 reviews !
The tenant has just exercised a 3 year Option on his lease and has one more 3 year Option with a CPI rent review.
This property has the potential to be redeveloped in the future and to maximise the plot ratio by going up to 5 or 6 levels. Approval from the City of Belmont will be required.
The potential is very impressive.
The current tenant pays on time and covers the other costs too. The Outgoings are approx $25,150 p.a. + GST and the current net rent is $80,056.00 p.a. + GST.
Investing in this location is a prime opportunity for long term Investors.
Full details are available by contacting Robbie Doyle on 0422 978 4... | robbie.doyle@professionalsmc.com.au
Professionals MC Commercial, we are a Commercial Agency specialising in the Sale and Leasing of all types of Commercial properties including the sale of Businesses.
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
Owners
Most residents
Families
Most households
04229784...
9 Belmont Avenue
Belmont, WA 6104
Professionals MC Commercial Real EstateUnit 1, 1 Mulgul Road
MALAGA, WA 6090
MALAGA, WA 6090
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