STRONG INCOME AND STRONG DEVELOPMENT POTENTIAL

SOLD

241 Lesmurdie Road

Lesmurdie WA 6076

Retail

FOR SALE

893m2

Ray White Commercial (WA) has been retained exclusively to offer to the market for sale the neighbourhood icon, Lesmurdie Shopping Centre. This single level centre was constructed in 1970 on the corner of Rooth and Lesmurdie Roads and has been servicing the local residents for over 50 years.

The property is anchored by an IGA Supermarket as well as having a strong tenancy mix including Guardian Pharmacy, a cafe, salon and butchers giving this investment a strong income.

2,500sqm* of excess land for future expansion is available to add value to the whole site. The centre has a large car parking allocation with 33 car bays and an additional 21 bays on the adjoining parcel of land.

245 Lesmurdie Road is also available which adjoins 241 Lesmurdie Road along the southern boundary, is 2,029sqm and has a 27 metre frontage Lesmurdie Road. The front half of the lot is zoned residential and the rear portion is zoned commercial.

Lesmurdie is 19 kilometres* east of the Perth CBD. The property is located opposite St Brigid's College playing fields, with the surrounding development comprising of modest residential properties.

241 Lesmurdie Road, Lesmurdie, Western Australia is offered for sale with Offers Invited with Price on Application.

For further information or to arrange an inspection please contact:

Stephen Harrison
0421 622 777
stephen.harrison@raywhite.com

Brett Wilkins
0478 611 168
brett.wilkins@raywhite.com

*approximate