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

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

Retail Offices Other

  • For Sale
  • $1,066,000
  • Sale by Negotiation
  • Under Contract

  • Floor Area
  • 144.0 m² - 264.0 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Oct 14, 2019
  • Zoning
  • Shopping/business

Interested in this property? Contact an Agent today

Ray White Commercial WA

12-14 The Esplanade

Perth WA 6000

Stephen Harrison

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

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

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