Cygnet West and Colliers are proud to present for sale, Malaga Home Centre, a trophy LFR Centre located in metropolitan Perth's rapidly evolving northern corridor.
Strategically located in Malaga, the Centre occupies a prime 4.3-hectare site within one of Perth's major Large Format Retail and Industrial precincts, 12 kilometres north of Perth CBD. Malaga Home Centre is the largest homemaker centre in the precinct, featuring a total lettable area of 16,971m2 spread across three individually titled lots and serviced by a combined 543 at-grade car spaces.
637-655 Marshall Road is the largest site in the offering, comprising 7,502m2 of GLA across three freestanding buildings. The Centre is fully leased and anchored by prominent national tenants, including Kitchen Warehouse, Beacon Lighting, and Revo Fitness.
670-688 Marshall Road comprises two freestanding buildings with a total GLA of 5,774m2. The site features a rare and highly sought-after 1,500m2 of Retail Zoning. The Centre is tenanted to MCQ Supermarket and Power Play.
673 Marshall Road is fully leased to national and chain tenants Crocs Playcentre, Better Pets & Gardens, and Red Dot Home featuring highly prized net lease structures and annual rental review mechanisms, underpinning strong income security.
Malaga Home Centre is available for sale 'in one-line' or individually.
Key highlights include:
- 16,971m2 combined GLA;
- 43,279m2 combined land area;
- 16 LFR tenants;
- 543 combined at-grade car bays;
- 3.97 year WALE (by income);
- Strong trade population demographics;
- A rare approved 1,500m2 supermarket use;
- 600+ metres of combined street frontage;
- Average rents under $200/sqm net; and
- 91% leased.
The properties are offered for sale by way of Expressions of Interest (EOI) closing 2:00pm (AWST) Wednesday 2nd July 2025.
For further information please contact the exclusive joint selling agents below.