Burgess Rawson as exclusive selling agents are pleased to present 5, 7, and 9 Fairbrother Street, Belmont, to the market via 'Offers Invited'.
The properties are located in the heart of the Belmont commercial and industrial precinct, in a prime position with excellent exposure to Fairbrother Street together with the intersection of Abernethy Road.
The properties are available for purchase individually or as a combined offering, totaling a significant landholding of 5,329sqm across three lots.
The property presents a plethora of options that could appeal to future owner occupiers, developers or investors. As an investment option, the 3 properties are leased with 100% occupancy with and a passing combined net income of $186,396 pa (each property individually leased).
Property Overview
5 Fairbrother Street, Belmont
Land Area: 819sqm
Improvements: 300sqm* office/warehouse
Net Rent: $34,255 pa on (as at February 2025)
7 Fairbrother Street, Belmont
Land Area: 898sqm
Improvements: 250sqm* part refurbished standalone office building. Currently used as a training centre
Net Rent: $51,396 pa
9 Fairbrother Street, Belmont
Land Area: 3,612sqm
Improvements: 1,160sqm* office/workshop
Net Rent: $102,000 pa ($144,763 pa on 4 June 2025)
Combined Land Area
5,329sqm
Total Net Rent
$230,414 pa
Zoning
The properties are zoned 'Mixed Use' according to the City of Belmont Local Planning Scheme No. 15 with a range of permissible and discretionary uses.
Legal Description
The properties are described as Lots 47, 48, 121 Volume 1249, 1654, 2016 Folio 530, 784, 372 on Plan 6530 & 2634.
Sale Process
The properties are being offered individually or combined in one line as follows:
+ 5 & 7 Fairbrother Street, Belmont (1,717sqm) - from $1,700,000
+ 9 Fairbrother Street (3,612sqm)- $3,000,000
+ Combined 3 sites 5,329sqm - $4,700,000
For further information or to arrange an inspection, please contact the exclusive Selling Agents Andrew McKerracher on 0411 611 919, Luke Randazzo 0417 181 309 and Ethan Roux 0456 606 904.
*Approx.