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35 Sanderson Road, Lesmurdie, WA 6076

35 Sanderson Road, Lesmurdie, WA 6076

Retail Offices Medical/Consulting

  • For Sale
  • Expressions of Interest
  • Sale by Negotiation

  • Land Area
  • 1.00ha (2.47 acres) (approx)
  • Floor Area
  • 2,506 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Jun 06, 2019
  • Zoning
  • Commercial

Additional Details

Interested in this property? Contact an Agent today

Ray White Commercial WA

12-14 The Esplanade

Perth WA 6000

Brett Wilkins
Stephen Harrison

IGA Anchored Local Shopping Centre

Lesmurdie Village is a local shopping centre with a strong catchment area and significant opportunity to add value.

Anchored by IGA (recently renewed lease) & Liquor Barons, located next door to Lesmurdie and with limited local competition, this investment offers an opportunity to add value via renegotiation of leases and/or further extension/renovation of the shopping centre.

• 1.01ha of land with two street frontages
• 2,505sqm of current lettable area with opportunity to create additional lettable area (Subject to Council Approval)
• 16 existing tenancies anchored by IGA & Liquor Barons
• $471,539pa annual net income with the opportunity to increase via the leasing of two existing tenancies
• $501,539pa estimated fully leased net income
• Under-developed opportunity to add further value

Tenancy mix includes:
• IGA (recently renewed lease)
• Liquor Barons
• Stirk Medical (GP Clinic)
• Sanderson Road Pharmacy
• Lesmurdie Veterinary Clinic
• Bakery
• Physiotherapist
• Real Estate Agent
• Pizza Bar
• Burger Bar

Expressions of Interest Closing
Thursday 13 June 2019 at

35 Sanderson Road, Lesmurdie, WA 6076

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