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For Sale

32 Hargreaves Street, Belmont

Area: 581 m2
Freehold leased investment
Axia Corporate Property is pleased to present 32 Hargreaves Street, Belmont For Sale by Private Treaty.

The arrival of the property to the market provides a rarely available opportunity to acquire a well leased freehold asset in the highly regarded and established Belmont Commercial Precinct, under the $1m price level, where very few alternatives exist.

The offering comprises 875m2* of freehold land supporting solid and well maintained improvements of 581m2*. More specifically, the improvements comprise of:

Office – 159.3m2*

• Combination of open plan and partitioned office and boardroom.
• Amenities including toilets and staff room.
• Reverse Cycle Air Conditioning.

Warehouse – 339m2*

• Truss Height – From 5.5 to 6.5 metres*
• Clear Span
• Electric Roller Door with direct access from street front – 4.5 metres high and 4 metres wide.

Mezzanine Store – 82.7m2*

The building was constructed circa 1980’s of brick elevations, iron roof and concrete flooring and has been diligently maintained and presents extremely well.

The building is set back from the street verge affording the property car parking directly in front of the premises, accessed via a twin entrance carriageway.

Lease Details

• Leased to the 31st October 2022.
• Option term of a further three (3) years from the 1st November 2022.
• Tenant pays all Statutory and Variable Outgoings including Property Management.
• Net passing rental – $69,715.35 p.a. *
• The exiting national tenant has been in occupation of the property since the 1st November 2013.

For further information please contact Franco Gangemi on 0418 930 5014


Read More
National tenant Secure income stream Well maintained solid investments

Property Details+

Land Area
875 m2
Building Area
581 m2
Car Spaces
Abundant onsite parking
Tenure & Zoning
  • Leased Investment
  • Great Eastern Highway
  • Swan River
  • Ascot Racecourse
Contact Franco Gangemi
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    0418 930 504
    Thinking of buying, selling or leasing? Make your next move with us.
    +61 8 9321 2770
    Franco Gangemi
    Sales & Leasing Executive

    Franco’s extensive contact network and strong client focus has been developed over his many years in the banking and hospitality industries.

    Following five years at ANZ, Franco co-owned and ran a Perth restaurant icon, during which time he forged relationships with many members of the Perth business and property sectors, forming the basis of Franco’s unrivalled passion for property.

    His loyal client base will attest to his unique blend of comprehensive knowledge of the Perth market together and strong work ethic.

    Franco prides himself on repeat business and his tailored outcomes ensure he constantly delivers beyond his clients’ expectations.