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293-295 Great Eastern Highway
Midland WA 6056
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Sold on 6 Sep 2023

293-295 Great Eastern Highway Midland WA 6056

  • Shop & Retail
  • 881 - 1,891 m²
  • Sold

Fully Leased Convenience Retail Centre with National Brands

  • -Fully leased to three national tenants
  • -Situated 150m to Midland Train Station
  • -Almost 30,000 passing cars per day*

Midland Central Shopping Centre is an exceptional opportunity to buy a high performing 'daily needs' centre that is fully leased to three national tenants. The defensive nature of the tenants offerings, in addition to the high exposure location in the heart of Midland, provide for a stable income into the future for a potential purchaser.

Key selling features of the centre include:
- $1,237,525 pa current net income**
- Located in the heart of Midland CBD, approximately 15km northeast of Perth CBD.
- Conveniently situated only 150m to Midland Train Station
- High exposure location with almost 30,000 passing cars per day*
- Fully leased to Dan Murphy's, IGA and Optimal Pharmacy
- Strong tenancy mix with national brands offering a defensive income stream
- 5.4 year WALE by income**
- Convenience based centre with flow through vehicle access from both Great Eastern Highway and Victoria Street
- Centralised carpark for 137 cars and an abundance of public street parking

Wayne Lawrence and Tim Scott of Cygnet West are marketing this exceptional opportunity by Expressions of Interest closing 4pm (AWST) Wednesday 8th March 2023.

Please contact the agents for more information.

*Mainroads WA Traffic Data (21/22 average Monday to Friday)
**approx.

EXPRESSION OF INTEREST

Closing date and time08/03/2023 16:00
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Date Sold6 Sep 2023
Floor Area881 - 1,891 m²
Land AreaAsk Agent
ParkingOn street parking
Building TypeWhole building
Property ID2018324070
Category
Last updated  6 Sep 2023
Map for 293-295 Great Eastern Highway Midland WA 6056

Property Highlights

Date Sold6 Sep 2023
Floor Area881 - 1,891 m²
Land AreaAsk Agent
ParkingOn street parking
Building TypeWhole building
Property ID2018324070
Category
Last updated  6 Sep 2023
Level 26/197 St Georges Tce Perth WA 6000

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