302 Great Eastern Highway, Ascot, WA 6104

RWC WA & Colliers under instructions from Beck Advisory are pleased to present 302 Great Eastern Highway, Ascot to the market for sale via Expressions of Interest closing Wednesday 25 March 2026 at 4pm AWST (unless sold prior).

302 Great Eastern Highway, Ascot presents a compelling opportunity for occupiers and/or developers to acquire a 4,998m² green-titled landholding prominently positioned on the corner of Great Eastern Highway and Lyall Street, Ascot.

Located on one of Perth's key arterial routes, the site offers exceptional exposure, strong passing traffic and direct connectivity to the Perth CBD, eastern suburbs, and Perth Airport.

The property also benefits from close proximity to major road networks including Tonkin, Roe, Leach and Reid Highways which provides excellent accessibility to the south and north area of the Perth metropolitan region. In addition to this the site is located just 1.7km west of the Redcliffe Train Station and benefits from additional public transport services along Great Eastern Highway. The site is set amongst a mix of residential apartments and homes and is surrounded by nearby commercial, industrial, fast food and hotel operators such as Sydney Tools, McDonalds, Quest Hotel, Snap Fitness and many more making it a highly attractive location for a range of uses.

Improvements to the property comprise an approximate 175m²* office, a 240m²* shed/workshop with a 50m²* lean to canopy, an older style 75m²* office and a small 50m²* older style workshop. To the rear is a large sealed, fenced and drained hardstand area.

The property is zoned 'Mixed Use' under the City of Belmont's TPS No. 15 and forms part of the Great Eastern Highway Urban Corridor Strategy allowing diverse commercial and residential uses.

Currently the site is operating under a non-conforming vehicle hire use which can be continued by the current or future owner of the site.

The property is currently has 3 separate leases over the site providing a reasonable amount of holding income, these include:

• AB Group (Avis Car Rental (Budget)) - 3,333m² leased until 8 December 2027 at a rental of $177,193.83 per annum net, subject to annual CPI increases, with a further five-year option subject to a market rent review.

• Telstra - 17m² leased until 31 March 2030 at a rental of $31,451.65 per annum gross, subject to annual increases to the greater of 3% or CPI, with two further terms of five year options.

• Busby Investments - 1,638m² (hardstand only) leased until 8 December 2027 at a rental of $74,160 per annum net, subject to annual CPI increase, with a further five-year option subject to a market rent review. A copy of the lease can be provided upon request.

With a total net income of $282,805.48 per annum and redevelopment clauses included in all three leases the property provides opportunities for investing, occupying or developing.

For more information or to arrange an inspection please contact:

Brett Wilkins

0478 611 168

RWC WA

[email protected]

Chris Matthews

0413 359 315

RWC WA

[email protected]

Richard Cash

0412 006 949

[email protected]

Colliers

Sam Hammond

0413 664 247

[email protected]

Colliers

*Approx

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