Carramar Village Shopping Centre has outstanding credentials sought by astute investors, including:
- 100% leased, modern neighbourhood centre of 5,429 sqm, opened August 2009.
- High specification contempory design with impressive street presentation.
- Long term lease to Woolworths (exp 2024) plus 14 Specialty shops including 5 national retailers.
- High growth catchment with promient Joondalup Drive frontage.
- Specialty tenants have net leases with attractive rent review structures providing a secure income stream.
- Outstanding trading performance with Woolworths exceeding percentage rent thresholds.
- Fully Leased net income as at 31/1/12 $1,858,000 approx per annum.
Prospective purchasers are invited to submit Offers to Purchase by 2.00pm (WST) on Wednesday 21 March 2012.