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 years, 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" closing 26 February 2025, if not sold prior.

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