Outstanding Perth Outlet Shopping Centre Investment Opportunity - For Sale

SOLD

West Perth WA 6005

Retail

FOR SALE

21238m2

Harbour Town Perth, WA



- Strong trading, modern & purpose built outlet centre opened in 2003, featuring 120 outlet tenants providing a total GLA of 21,238 sqm* with abundant parking for up to 1,181 vehicles*



- Strategically positioned, being the only outlet centre of its type in WA, located just 1km* or a 20 minute* walk from the Perth CBD



- Services a significant TTA of 1.92 million residents*, a worker population of 121,503* & a robust tourism expenditure market with 11.8 million* visitor nights annually spent in inner Perth^



- High spending power demographic, with TTA income levels being 15% to 20%* above the national benchmark^



- Highly accessible site, with 15 & 30 minute drive time populations being some of the highest in Australia, at over 400,000* & 1.2 million* residents, respectively^



- Excellent tenancy base, featuring leading Australian & International brands



- Significant value enhancement opportunities via tenant reconfiguration & remixing, management & marketing initiatives



- Fully leased net income of $13,895,000 p.a.*





EXPRESSIONS OF INTEREST Closing 12 Noon (AEST) Thursday 26 September 2013



* Approx.

** Car park allotment is freehold stratum

^ Source: Location IQ, August 2013