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
- 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