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9-11/40 Meares Avenue
Kwinana Town Centre WA 6167
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Sold on 15 Nov 2019

9-11/40 Meares Avenue Kwinana Town Centre WA 6167

  • Shop & Retail
  • 144 - 264 m²
  • Sold

TOWN CENTRE INVESTMENT 7.2% YIELD 4 YEARS 3 MONTH W.A.L.E

An excellent opportunity exists for an investor to acquire these quality lots being sold in one-line, in a prime location with 2 secure and well-established tenants. This property offers 3 units which have been subdivided and shared with full occupancy to 2 quality national tenants.

Situated within the Kwinana Town Centre this space offers abundant parking, the 3 lots have a combined building area of 563sqm. Directly next door to Kwinana Marketplace which is home to national giants including Coles, Woolworths, Big W and Best & Less. Additionally, within an extremely small radius, further major tenants include Aldi, Hungry Jacks, McDonalds, Puma & Dan Murphy's, which generates outstanding exposure and traffic.

Tenant information:

Salvation Army
$42,707 per annum + outgoings

Matchworks
$34,000 per annum + outgoings
Total: $76,707 per annum + outgoings

Zoned "Shopping/business" as per City of Kwinana Town Planning Scheme No. Predominantly a suburb designed to service residents in surrounding suburbs, the Kwinana Town Centre is home to the Kwinana Hub Shopping Centre, the Kwinana Recreation Centre and the Kwinana Aquatic Centre. This investment opportunity is not to be missed.

For further lease information, please contact:

Stephen Harrison
Ray White Commercial (WA)
M: 042 622 777
E: stephen.harrison@raywhite.com

Property Highlights

Date Sold15 Nov 2019
Floor Area144 - 264 m²
Land AreaAsk Agent
Energy0-star NABERS Energy rating
ParkingAsk Agent
Property ID2015700384
Category
Last updated  10 Dec 2019
Map for 9-11/40 Meares Avenue Kwinana Town Centre WA 6167

Property Highlights

Date Sold15 Nov 2019
Floor Area144 - 264 m²
Land AreaAsk Agent
Energy0-star NABERS Energy rating
ParkingAsk Agent
Property ID2015700384
Category
Last updated  10 Dec 2019

Listed by

Stephen Harrison
Stephen Harrison
Ray White Commercial (WA)
Call
0421 622 777

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