TOWN CENTRE INVESTMENT – 7.2% YIELD 4 YEARS 3 MONTH W.A.L.E

SOLD

9-11/40 Meares Avenue

Kwinana Town Centre WA 6167

Retail

FOR SALE

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. This investment opportunity is not to be missed.

For further lease information, please contact:

Stephen Harrison
Ray White Commercial (WA)
M: 042 622 777
E: stephen.harrison@raywhite.com