For Sale
Modern and High-Performing Perth Neighbourhood Shopping Centre
Woolworths Aveley Shopping Centre , Aveley WA
Stonebridge is pleased to exclusively present for sale Woolworths Aveley Shopping Centre, a strong-performing Woolworths anchored neighbourhood shopping centre in Perth's northern growth corridor.
The key highlights of the opportunity include:
- Modern neighbourhood shopping centre anchored by a full-line Woolworths supermarket + 8 shops and medical centre
- Ultra-efficient layout minimal common mall reducing management intensity, substantial at-grade parking and ideal layout
- Strong total centre MAT of $50 million+ with all specialty shops and medical centre on net leases**
- Prominent 17,647 sqm* corner site within the City of Swan which is expected to experience 2.1% p.a. population growth to 2041***
- Substantial at-grade parking for 265 vehicles (1 per 18.6 sqm GLAR) including shade sails
- Secure non-discretionary income stream with 57% of gross income secured by Woolworths and 88% of gross income weighted to non-discretionary tenants**
- Estimated fully leased net operating income of $1,824,000 p.a.*
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
