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Currambine Central
Currambine WA 6028
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Sold on 3 Oct 2018

Currambine Central Currambine WA 6028

  • Shop & Retail
  • 7.5 ha
  • Sold

Exceptional Perth Metropolitan Neighbourhood Investment Opportunity

• Strong performing neighbourhood shopping centre securely anchored by Woolworths, Farmer Jacks and Grand Cinemas on long-term leases, with a WALE of 7.6 years and representing 62% of GLA
• Convenient shopping, dining and entertainment experience, offering the only cinemas within the coastal areas north of Currambine, providing a significant point of difference for the centre
• Major 75,000sqm site, with a low site coverage ratio of 23%, providing exceptional current and development potential
• Ranked no. 5 by MAT – SCN ‘Mini Guns’ in Australia for 2017
• Exceptional-performing Woolworths store with MAT above the Urbis ‘Single Supermarket’ benchmark and strong food offering with MAT representing 77% of total centre MAT
• Affluent, high-spending demographic with household income levels of $112,638 p.a., 22% above the Perth benchmark*
• Significant TTA retail expenditure of $612.0m, with forecast growth of 2.3% p.a., expected to reach $769.0m by 2027, including $403.0m in the PTA*

Currambine Central forms part of the Major Australian Shopping Centre Portfolio, comprising 14 high-quality, sub-regional and neighbourhood shopping centre investments

For sale in one line or individually by EOI closing Thursday 23 August at 12 noon (AEST)

All figures above are approximate only
*Urbis, June 2018

Property Highlights

Date Sold3 Oct 2018
Floor AreaAsk Agent
Land Area7.5 ha
ParkingAsk Agent
Property ID2014483982
Category
Last updated  16 Oct 2018
Map for Currambine Central Currambine WA 6028

Property Highlights

Date Sold3 Oct 2018
Floor AreaAsk Agent
Land Area7.5 ha
ParkingAsk Agent
Property ID2014483982
Category
Last updated  16 Oct 2018
Level 27 180 George Street Sydney NSW 2000
JLL - Sydney
JLL - Sydney

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