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Secured long term leases to major national retailers (WA Shopping Centre)

Price14,118,366Yield6.22%Share

 

  • WALE of 5.4 years with structured annual rental uplifts
  • Large 13,478 sqm Neighbourhood Shopping Centre Site
  • Recently upgraded asset with $3.89M capital improvements

Our client successfully acquired a significant neighbourhood shopping centre in WA, securely leased to three established national retail operators, providing diversified and resilient rental income. Strategically positioned within a high-performing retail precinct adjacent to Woolworths and Bunnings, the property enjoys strong exposure and low surrounding vacancy. This acquisition strengthens our client’s portfolio with a multi-tenant, income-producing retail asset backed by national brands and structured growth.