Central Belmont – Development Site with bonus income stream

SOLD

17-21 Camden Street

Belmont WA 6104

Industrial

FOR SALE

1513m2

Raine & Horne Commercial are pleased to offer for sale, the property located at 17-21 Camden Street Belmont on behalf of St Vincent de Paul Society WA.

The St Vincent de Paul Society is one of Australia’s most beloved charitable organisations and in Australia alone it has more than 40,000 members and volunteers, who work tirelessly to assist people in need and combat social injustice across our vast and diverse land.

In order to expand its reach in the community, meet the growing demand on its services and provide long term solutions to address the causes of disadvantage, Vinnies WA is building a purpose built headquarters and distribution facility within a new Industrial Estate in Canning Vale.

To help facilitate this project, the organisation is seeking to sell two of its existing facilities located in 17 Camden Street Belmont (corner of 76 Abernethy Road). The property is being sold with a short term lease back to the St Vincent de Paul Society.

The subject property occupies a prime position in the heart of the City of Belmont’s commercial precinct approximately 6.5 kilometres from the Perth Central Business District.

17-21 Camden Street Belmont has a total site area of some 3,829sqm with its improvements totalling 1,513sqm comprising of office, warehouse and general store.

The property is been sold with a lease back to the St Vincent de Paul Society WA for a period from settlement until 28th February 2017.

This is a unique opportunity to acquire a very well located property in the heart Belmont’s commercial precinct and will suit both investors / developers along with owner-occupiers with a longer term approach to their property needs.

For further information please contact the Exclusive Selling Agents