SOLD
RECENT ADVICE
Sold on 24 Oct 2024 for $2,002,000

48 Fairbrother Street
Belmont WA 6104

Bedrooms: -
Bathrooms: -
Car spaces: 13
Floor area: 469m2
Land area: 1042m2
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Property Details for 48 Fairbrother St, Belmont

Building Type
Commercial
Year Built
1974
Floor Size
469m2
Land Size
1042m2
Local Government
Belmont
Lot/Plan
5/D022424

Last Listing description (November 2023)

Axia Corporate Property is pleased to present 48 Fairbrother Street, Belmont for Sale by Private Treaty.

The arrival of the property to the market provides astute investors and/or owner occupiers with an opportunity to procure an architecturally appealing, versatile and conveniently located, freehold asset, within arguably one of Western Australia's premier commercial/industrial precincts.


Investment Highlights:
- 1,042sqm* of freehold land
- 469sqm* of impressive and prominent office/showroom^
- Disabled compliant amenities and end of trip facilities
- Highly versatile, column free floorplate configuration, allowing for a variety of uses
- Very desirable and flexible 'Mixed Business' zoning
- 13x Onsite car bays (including open and secure bays)
- Superb proximity and connectivity to major transport networks
- Excellent street prominence and signage
- Convenient location only 8km north east of Perth CBD
- Tightly held precinct

Location:
The property is strategically located within the established and highly regarded commercial/industrial area of Belmont, 8km* north east of the Perth Central Business District.

More specifically the property is positioned along arguably one of Belmont's most prominent thoroughfares with excellent proximity and connectivity to numerous major thoroughfares including Leach Highway, Tonkin Highway, Abernethy Road and numerous others. The property is located 8km* from Perth Airport and 5km* from the Kewdale Freight Terminal; with the industrial hubs of Welshpool, Kewdale and Redcliffe easily accessible.

Property Details:
The offering comprises a single level building with a mezzanine level and small warehouse/storage. The building offers the latest commercial design elements showcased through a full height glazed facade together with a generous ceiling height and column free floorplate.

Building configuration comprises:
Office/Showroom^ - 351sqm*
Mezzanine Office - 72sqm*
Warehouse/Storage - 46sqm*
Total Area - 469sqm*

Typical finishes are afforded to the office/showroom^ component which includes; suspended ceilings with gyprock panels, a combination of floor coverings including commercial grade carpets and ceramic tiles. Reverse cycle air-conditioning is afforded to the main tenancy area.

The property benefits from a large staff breakout area inclusive of a kitchenette and numerous amenities including a disabled compliant toilet, male and female toilets and shower.

The office/showroom^ has direct access to the rear storage area which has a roller door providing access to the rear secured hardstand and parking area. The rear hardstand can accommodate appropriately sized sea containers. The property is complimented by front and rear parking and has been superbly maintained.

Zoning:
48 Fairbrother Street is zoned 'Mixed Business' under the City of Belmont Local Planning Scheme 15. The zoning allows for a variety of uses and proponents must make their own inquiries with relevant authorities in respect of their proposed use.

Tenancy Details:
The property is offered with Vacant Possession, providing potential owner occupiers with immediate availability to commence trading.

For more information, or to arrange an inspection, please contact the Exclusive Selling Agent.

*Approx.
^STCA

Property History for 48 Fairbrother St, Belmont, WA 6104

A timeline of how this property has performed in the market
Last Sold
$2,002,000
24 Oct 2024
Listed for Rent
$2.25k/w
22 Jan 2018
  • 24 Oct 2024
    Sold for $2,002,000
  • 26 Jul 2023
    Listed for Sale Offers from $1.95M plus GST
  • 26 Feb 2018
    Listed for Sale Offers from $1,700,000 plus GST
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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 4,430 properties. Over the last 5 years, Houses in Belmont have seen a 87.13% increase in median value, while Units have seen a 104.68% increase. As at 30 November 2024:

  • The median value for Houses in Belmont is $798,105 while the median value for Units is $573,116.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 23 properties listed for sale, and 9 properties listed for rent in Belmont on OnTheHouse. According to CoreLogic's data, 261 properties were sold in the past 12 months in Belmont.

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Disclaimer
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.