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.*
Woolworths Aveley Shopping Centre is offered for sale via Public Expressions of Interest closing Thursday 7th November at 5.00pm AEDT (2:00pm AWST).
To obtain further information or to arrange an inspection, please contact the exclusive selling agents at Stonebridge.
Justin Dowers
0438 098 805
Philip Gartland
0403 582 324
Kevin Tong ???
0422 848 818
* Approximately
**Financial Pack as at 31-Dec-24
***Forecast .id
Property Code: 1090