SOLD
Sold on 15 Sep 2023 for $1,200,000

4/3 Brennan Way
Belmont WA 6104

Bedrooms: -
Bathrooms: -
Car spaces: 8
Floor area: 308m2
Land area: 365m2
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Property Details for 4/3 Brennan Way, Belmont

Building Type
Commercial
Year Built
1998
Floor Size
308m2
Land Size
365m2
Local Government
Belmont
Lot/Plan
4/S034079

Last Listing description (December 2023)

###UNDER OFFER###

RARE OFFERING IN A TIGHTLY HELD COMMERCIAL PRECINT

OFFICE - 93 SQUARE METRES .

WAREHOUSE - 309 SQUARE METRES 6 METRE TRUSS HEIGHT, EASY ACCESS ROLLER SHUTTER.
CAR PARKING - 8 EXCLUSIVE CAR BAYS FORM PART OF THE TITLE.

Occupy in 2024 or hold as an investment with tenant wishing to renew for another 4 years.
Four strata units only in this complex, 2 offices facing Hehir Street and 2 warehouses facing Brennan Way.
Bonus the office and the warehouse are on their own separate titles.

This hard to find 402sqm office/warehouse faces both Brennan Way and Hehir Street with the warehouse on Brennan Way and the office on Hehir Street separating warehouse activities and people attending the office. There are 8 parking bays on your title. 2 are outside the office on Hehir Street and 6 outside the warehouse on Brennan Way where containers can be dropped down. Brennan Way also has a plenty of untimed street parking.

The office is 93 square metres and well partitioned with fully ducted reverse cycle air-conditioning. It has space for reception and fitted out with 3 good sized offices, a boardroom. More offices could be created within the office space and could even be extended into the warehouse area if required. The office and warehouse are separated by a concrete tilt panel wall and connected by a doorway cut through. The building is very secure with security grills and a security system.

The warehouse is 309 square metres and accessed directly from the road through an industrial roller door. The roof is fully insulated, and clear sheeting provides good natural light in addition to the latest LED lights and 3-Phase Power. The Brennan Way parking is located so as to provide drop down space for containers. Zoned: Mixed Business.

The properties are currently leased by an excellent company Dendra Systems Limited which expires 16/08/2024 with no further option to renew the lease. The tenant has expressed a desire to extend the lease for another 2 years plus 2 years option.

The Lessee has extended their lease before may wish to be retained by an investor.

The current Net Rental is $56,329.51.

For further information or arrange inspection
Chris Farris 0413945667
chris@jpg.com.au
Phil Farris 0411333550
phil@jpg.com.au
Johnson Property Group Australia Pty Ltd
08 94466888
Suite 31.25 Walters Drive
Osborne Park WA 6017

Property History for 4/3 Brennan Way, Belmont, WA 6104

A timeline of how this property has performed in the market
Last Sold
$1,200,000
15 Sep 2023
Listed for Rent
$671/w
23 Jan 2018
  • 15 Sep 2023
    Sold for $1,200,000
  • 28 Apr 2023
    Listed for Sale UNDER CONTRACT
  • 05 Apr 2017
    Listed for Rent $35,000 / year
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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 4,425 properties.

    There are currently 14 properties listed for sale, and 14 properties listed for rent in Belmont on OnTheHouse. According to CoreLogic's data, 264 properties were sold in the past 12 months in Belmont.

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    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.