Malaga Markets offering tenancy & income spread with multiple opportunities
The Malaga Markets is arguably the best performing variety markets in Perth, with over 1.5 million visitors annually.
The spread of tenancies, long history of permanency and underlying land value makes the Malaga Markets a great investment.
Malaga Markets is a purpose built variety market with 65 tenancies centred around a food court and fresh food tenancies and bar with a strong trading history since 1994, located on a prime site with fantastic opportunities to add value.
Whilst the WALE is approximately 4.5 years there are many tenants who have been successfully trading on short-term leases for many years. The average tenancy at the Malaga Markets is approximately 7.1 years.
The 65 tenancies cover a wide variety of uses centred around the food court and fresh food offerings.
The future potential of the 1.85 hectare site is only limited by your imagination.
With "Highway Service" zoning, major frontage to Beach Road and metres away from Alexander Drive the site offers multiple options in the future.
Because the leases are all gross any saving in outgoings or improved efficiency means an immediate increase in net income to the owner.
Passing Net Income (1/8/19) is $883,816 Full Potential Net Income is (est) - $1,008,680
For further information or to arrange an inspection please contact:
We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
Find out your loan options
Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.
