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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.

• 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

Brett Wilkins
M: 0478 611 168

Property Highlights

Property ID2015248415
Floor Area2,505 m²
Land Area1 ha
Energy0-star NABERS Energy rating
ParkingAsk Agent
Annual ReturnAsk Agent
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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