Colliers International is delighted to present to the market the opportunity to secure a strong performing Neighbourhood Shopping Centre anchored by a full-line Woolworths supermarket and BWS liquor store on a brand new 12-year lease, strategically located within the vibrant and growing City of Mandurah.
Woolworths Mandurah Greenfields Shopping Centre is a recently constructed neighbourhood shopping centre consisting of 5,918 square metres of gross lettable area. The full-line Woolworths supermarket and BWS covenant accounts for 74% of the total centre GLA. The Centre offers a secure income stream with 80% of gross income secured by national and chain tenants.
Woolworths Mandurah Greenfields Shopping Centre occupies a landmark site of 19,721 square metres near the intersection of Mandurahs key arterial networks. The site benefits from three frontages, each with access points to the highly convenient neighbourhood shopping centre. The Centre is the first supermarket -anchored centre in Mandurah on the outbound journey from Perth CBD, located 70 kilometres to the north.
For Sale by Expressions of Interest closing Thursday 14 November 2019 at 2pm (AWST) / 5pm (AEDT)
*All figures contained herein are approximate only.
^Location IQ October 2019