Almost 4,000sqm of prime developable land in the business hub of Belmont has been listed for sale.
CBRE’s Ben Clarke, Kate Foley and Matthew Elliott have been appointed to sell the 3,979sqm property at 8 Robinson Avenue, which offers a prominent position in the increasingly popular Belmont commercial precinct.
Located approximately 8km from the Perth CBD, the property is well suited for a variety of uses, including a head office development accommodating corporate offices, child care, an educational establishment, warehouse or showroom.
Mr Clarke said the opportunity to secure a sizeable footprint in a prominent suburban location was expected to attract significant buyer interest.
“The property’s flexible ‘Mixed Business’ zoning, coupled with its picturesque location, supports a variety of uses that is expected to draw interest from developers looking to undertake a project in an established business precinct,” Mr Clarke said.
Ms Foley added: “Belmont is an established business precinct that continues to attract reputable tenants. This property will leverage off the surrounding area’s continued growth, which is underpinned by a strong business community.”
The property is being offered for sale via Private Treaty at a price point of $1.59 million.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
