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Sold on 10 Sep 2024 - Price Unavailable

91 Belmont Avenue
Belmont WA 6104

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1011m2
Land area: 3234m2
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Property Details for 91 Belmont Ave, Belmont

Building Type
Commercial
Floor Size
1011m2
Land Size
3234m2
Local Government
Belmont
Lot/Plan
150/D099696

Last Listing description (September 2024)

RWC WA is pleased to present 91 Belmont Avenue, Belmont for sale with vacant possession offered. Offers are invited with a closing date of Wednesday 14 August 2024 at 5pm.

91 Belmont Avenue provides a fantastic opportunity for owner occupiers or investors to secure an 1,011sqm* building on a 3,234sqm* parcel of land in the heart of Belmont.

The property comprises an 1,011sqm* warehouse constructed with reinforced concrete floors, concrete tilt panel elevations and a metal deck roof with intermittent translucent sheeting which provides an exceptional amount of natural lighting.

External to the warehouse are 22 marked parking bays plus one disabled bay. In addition to this is a rear yard space of 1,100sqm* which is currently leased to a high risk training operator on a short term basis at a rental of $26,000pa plus a small proportion of outgoings.

The rear yard is perfect for additional parking, laydown area or would cater for an expansion of the existing building by circa 660sqm. Alternatively it could continue to be leased for some holding income.

Key features include:
• 3,234sqm* site (includes 1,100sqm* undeveloped rear yard)
• 1,011sqm* warehouse
• Ability to construct approx 660sqm more building
• Vacant possession on building offered

For further information or to arrange an inspection please contact:

Chris Matthews
RWC WA
M: 0413 359 315
E: chris.matthews@raywhite.com

Liam Pittaway
RWC WA
M: 0439 555 439
E: liam.pittaway@raywhite.com

*Approximate

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Property History for 91 Belmont Ave, Belmont, WA 6104

A timeline of how this property has performed in the market
Last Sold
10 Sep 2024
  • 22 Aug 2024
    Sold for $3,800,000
  • 09 Jul 2024
    Listed for Sale UNDER OFFER
  • 02 Jul 2012
    Sold for $2,350,000
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About Belmont 6104

The size of Belmont is approximately 4.4 square kilometres. It has 10 parks covering nearly 4.4% of total area. The population of Belmont in 2011 was 6,264 people. By 2016 the population was 6,784 showing a population growth of 8.3% in the area during that time. The predominant age group in Belmont is 20-29 years. Households in Belmont are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belmont work in a trades occupation. In 2011, 54.4% of the homes in Belmont were owner-occupied compared with 54.4% in 2016.

Belmont has 4,420 properties. Over the last 5 years, Houses in Belmont have seen a 77.77% increase in median value, while Units have seen a 86.61% increase. As at 30 September 2024:

  • The median value for Houses in Belmont is $773,848 while the median value for Units is $561,219.
  • Houses have a median rent of $625 while Units have a median rent of $600.
There are currently 29 properties listed for sale, and 11 properties listed for rent in Belmont on OnTheHouse. According to CoreLogic's data, 254 properties were sold in the past 12 months in Belmont.

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