- Recently constructed Neighbourhood Shopping Centre incorporating a total GLA of 7,104 sqm approx.
- New 20 year leases to both Coles and Kmart (Expiring 2031).
- 80% of income secured to Wesfarmers subsidiaries, with Coles on a Net lease.
- Efficiently designed centre providing substantial depreciation benefits immediately.
- Centre encompasses three (3) street frontages and a significant amount of 'at grade' car parking (290 in total).
- Estimated net income of $1,486,000 per annum with scope to attract future quality retailers and add additional tenancies within existing centre.
- Strategically poised to become the pre-eminent convenience shopping facility in both the immediate and wider catchments.
For further details contact:
GROSS WADDELL PTY LTD
Michael Gross - 0419 355 561
Jonathon McCormack - 0418 835 885
CB RICHARD ELLIS
Mark Wizel - 0411 694 756
Justin Dowers - 0438 098 805