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35 Sanderson Road Lesmurdie WA 6076

  • Retail
  • Floor Size2,505 m²
  • PriceFor Sale, Expressions of Interest

IGA Anchored Local Shopping Centre

Lesmurdie Village is a local shopping centre with a strong catchment area and significant opportunity to add value.

Anchored by IGA (recently renewed lease) & Liquor Barons, located next door to Lesmurdie and with limited local competition, this investment offers an opportunity to add value via renegotiation of leases and/or further extension/renovation of the shopping centre.

Featuring:
• 1.01ha of land with two street frontages
• 2,505sqm of current lettable area with opportunity to create additional lettable area (Subject to Council Approval)
• 16 existing tenancies anchored by IGA & Liquor Barons
• $471,539pa annual net income with the opportunity to increase via the leasing of two existing tenancies
• $501,539pa estimated fully leased net income
• Under-developed opportunity to add further value

Tenancy mix includes:
• IGA (recently renewed lease)
• Liquor Barons
• Stirk Medical (GP Clinic)
• Sanderson Road Pharmacy
• Lesmurdie Veterinary Clinic
• Bakery
• Physiotherapist
• Real Estate Agent
• Pizza Bar
• Burger Bar

Expressions of Interest Closing
Thursday 13 June 2019 at 5:00pm (AWST)

For further information or to arrange an inspection please contact:

Stephen Harrison
M: 0421 622 777
E: stephen.harrison@raywhite.com

Brett Wilkins
M: 0478 611 168
E: brett.wilkins@raywhite.com

Property Highlights

Property ID2015248415
Floor Area2,505 m²
Land Area1 ha
Energy0-star NABERS Energy rating
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  27 May 2019
Map for 35 Sanderson Road Lesmurdie WA 6076
Ray White Commercial (WA)
Ground Floor, 12-14 The Esplanade Perth WA 6000

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