Ray White Commercial (WA) are pleased to offer for sale or lease 33 Cleaver Terrace, Belmont.
The property comprises 1,522sqm of office and 6,020sqm of warehouse which is positioned on a 9,991sqm parcel of land.
Multiple options exist from a leasing perspective. Short term leases for office from 100 square metres or warehouse leases from 400 square metres. Alternatively long term leases are available for larger portions of the building.
From a sale perspective there is the ability to buy and occupy the whole building however there is also some short term holding income via 3 separate tenants which can remain should someone wish to purchase and occupy a portion of the building and generate some income whilst expanding into the additional area. One noteable point to make if seeking to occupy a portion of the building is the dual street access and ability to separate the building into two fully self contained office warehouses of approximately 3,500sqm each.
Further enhancing the properties diverse options is the ability for a residential development or a mixed development encompassing some commercial aspects. There is still much usable life in the building however at near land value a redevelopment could be considered in the near future.
To arrange an inspection or to obtain a full information memorandum please contact:
Chris Matthews
M: 0413 359 315
E:chris.matthews@raywhite.com
Martin Vogt
M:0428 619 514
E:martin.vogt@raywhite.com