13/28 Belmont Avenue, Rivervale, WA 6103

Located within a bustling commercial hub on Belmont Avenue in the heart of the mixed business precinct, Unit 13 / 28 Belmont Avenue provides a modern and well-presented office suite with the added benefit of its own storage / warehouse space.

Comprising approximately 128sqm of partitioned offices over two levels and approximately 104sqm of high truss storage this property has the flexibility to suite a myriad of business types.

The property is current leased to Smith Detection Australia, a Global leader in threat detection and screening technologies. (https://www.smithsdetection.com/about-us/)

Lease Summary:

Annual Net Rent: $63,945

Rent Reviews: 5% annually with a Market review at the option. Ratchet clause applies.

Term Commenced: 15 January 2023

Term Expires: 14 January 2026

Option: 2 x 1 year, commencing 15 January 2026

Outgoings: 100% Payable by the Lessee

In addition, 6 car bays are allocated to this property on the title for the exclusive use of the occupier.

This property would be a great addition to a SMSF or private investment portfolio for buyers in the $1m price range.

To be sold by "Offers Invited"

For further information or to arrange an inspection, please contact the exclusive Selling Agent Simon Matthews 0401676285