161 Great Eastern Highway, Belmont, WA 6104

Scoop Commercial is pleased to present - For Sale, 161 Great Eastern Highway, Belmont.

Strategically positioned within Perth’s tightly held inner-east commercial corridor, the property occupies a substantial 3,430 sqm* landholding with prominent frontage to Great Eastern Highway and exposure to more than 60,000 vehicles per week. Just minutes from Perth CBD and Perth Airport, the asset provides immediate connectivity to Tonkin Highway and the broader eastern metropolitan road network, reinforcing its position as a highly accessible and strategically located commercial holding.

The property comprises a recently refurbished three-level office building positioned on a substantial 3,430 sqm* site, providing a combination of existing income, rental reversion, owner-occupier flexibility and longer-term redevelopment potential.


PROPERTY HIGHLIGHTS:
• Prime 3,430 sqm* landholding fronting Great Eastern Highway
• 1,908 sqm* total Net Lettable Area
• Recently refurbished three-level office accommodation
• 54 on-site car bays
• Extensive Great Eastern Highway frontage of approximately 53.7 metres*
• High-profile location with exposure to 60,000+ vehicles per week
• Two current tenants, including 1x newly executed 8-year lease
• 1x tenancy expiring November 2027 subject to 1 x 5 year option
• Current net income of $245,094* p.a. + GST
• Potential fully leased market income of $376,594* p.a. + GST
• Significant rental reversion potential across the property
• Top floor Level 2, 526 sqm* vacant tenancy providing immediate leasing or owner-occupier opportunity
• CBD and Swan River views
• Strategically positioned within a tightly held, high-demand inner-east precinct
• Only minutes from Perth CBD, Perth Airport, Tonkin Highway and the Great Eastern Highway corridor
• Zoned “Mixed Business” under City of Belmont Scheme No. 15 
• Broad range of future uses and redevelopment outcomes available, subject to statutory approvals
• Existing redevelopment/refurbishment clauses provide flexibility to facilitate future vacant possession, subject to lease terms
• Suitable for investors, developers and owner-occupiers


INVESTMENT & VALUE PROPOSITION:

• Rental Reversion: Significant rental upside through the leasing of the existing 526 sqm* vacancy, together with a further rental reversion associated with the upcoming November 2027 lease expiry.
• Owner Occupation: The vacant Level 2 tenancy provides an opportunity for an owner-occupier to secure approximately 526 sqm* of office accommodation within a prominent city-fringe location.
• Redevelopment Potential: The substantial 3,430 sqm* landholding and “Mixed Business” zoning provide flexibility for a range of future uses and redevelopment outcomes, subject to council and statutory approvals.

The property represents an exceptional opportunity to secure a substantial commercial landholding in one of Perth’s established inner-east locations, with the benefit of existing income and multiple avenues to add value through leasing, owner occupation or future redevelopment.

This opportunity will appeal to investors, developers and owner-occupiers seeking a strategic commercial asset with strong exposure, established income and significant future upside.

*Approximate only 

To request any more information about this property, please contact the exclusive selling agent:

   Scott Bailey
   0421 010 001
   Scott.Bailey@ScoopCommercial.com.au