New 7 year lease to Liquorland

SOLD

204 Warnbro Sound Avenue

Warnbro WA 6169

Retail

FOR SALE

478m2

- Liquorland - A division of Coles
- Entrance to Federation Shopping Centre
- Southern Perth growth corridor

Brand new 7 year lease plus options.
Liquorland: a subsidiary of Coles Group Limited with 820 plus liquor stores and wholly owned by Wesfarmers Limited, an ASX Top 10 company.
Annual rent increases.
Significant 1,340 sqm* site with a combined frontage & exposure of 103 metres* plus over 40 on site car spaces.
Large 478 sqm* building recently refurbished comprising retail area, cool rooms and two drive thru bays.
Strategic location at the entrance to Warnbro Federation Shopping Centre, recently completed major $39million* redevelopment.
Warnbro: Located within the City of Rockingham one of Perth's fastest growing regions (population of 120,275) and forecast to grow by 67% to 201,179 by 2031 (Source: City of Rockingham).
Commencing rent: $197,417 pa*.
*Approx

Auction 2pm AEDT Tue 28 Oct, 50 Margaret St, Sydney.