This well located redevelopment site is positioned along the golden stretch of Great Eastern Highway which provides as the entry point to the Perth CBD from the eastern corridors and major airports.

Falling within the City of Belmont who are favourably pushing for business development, this prime site is an excellent buy, hold and future re-development opportunity.

Features Include:

550 sqm of leasable office area split into two tenancies
Guaranteed rental return of 7.5% for next 3 years
Ample on site car parking with rear ROW access
1,060 sqm green tile land holding
Flexible Mixed Use Zoning allowing for office, residential or a combination
An excellent strategic land bank opportunity

Asking: $2.1 million (Going Concern)