5345 Richardson Road,
Stoneville, WA 6081
Shops & Retail • Development Sites & Land
Key property information
Land area
Floor area
Zoning
Tenure type
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Map of 5345 Richardson Road
Bus stops within 5 km of 5345 Richardson Road, Stoneville, WA 6081 Distance Richardson Rd After Ayres Rd 65 m Richardson Rd After Stoneville Rd 78 m Richardson Rd Before Ayres Rd 229 m Stoneville Rd After Riley Rd 379 m Stoneville Rd After Henderson Rd 447 m POWERED BY HERE ©
POWERED BY HERE ©
Active Shopping Centre - Thriving Hub with Development Potential
We are pleased to present for sale this well-established and high-performing shopping centre in the heart of Perth’s Eastern Hills. Strategically positioned and fully leased, the property offers both immediate income and long-term upside through development of adjoining land.
Prime Location
Located in a growing residential corridor, the centre is:
• 2.5 km from Mundaring
• 3.0 km from Parkerville
• 4.0 km from Mount Helena
• 6.0 km from Sawyers Valley
• 10.0 km from Chidlow
Also nearby: Mahogany Creek, Hovea, and Glen Forrest
The site benefits from strong daily traffic along Stoneville and Richardson Roads, with proximity to major schools in Mount Helena and Parkerville enhancing the local customer base.
Tenant Mix & Configuration
Adjoining a high-traffic liquor store, the centre comprises six fully leased tenancies:
Shop 1 & 2 - Coffee Shop (plus patio & alfresco) – 83sqm (internal only)
Shop 3 – Wellness Consultant – 41sqm
Shop 4 – Pilates Studio – 45sqm
Shop 5 – Skin Care Clinic – 79sqm
Shop 6 – Supermarket, Fruit & Veg, Post Office – 330sqm
Total built area: ~578 sqm
Zoning: Local Centre – permits a wide range of uses including retail, food & beverage, consulting rooms, office, and more (subject to Shire of Mundaring and relevant authorities’ approval).
Financial Overview
• Rent: $116,000 p.a. (plus GST)
• Outgoings: Fully recoverable from tenants
• Occupancy: 100% leased
• Rental Reliability: Long-standing tenants with consistent payment history since construction
Affordable rental levels and strong tenant retention contribute to minimal vacancy risk and stable cash flow.
Value-Add Opportunities
For the astute investor or owner-operator, potential upside includes:
• Development of adjoining land to expand tenancy mix and income.
• Upgrades to presentation and amenity to enhance customer experience and tenant appeal.
• Passive investment with reliable income stream and low management intensity.
Prime Location
Located in a growing residential corridor, the centre is:
• 2.5 km from Mundaring
• 3.0 km from Parkerville
• 4.0 km from Mount Helena
• 6.0 km from Sawyers Valley
• 10.0 km from Chidlow
Also nearby: Mahogany Creek, Hovea, and Glen Forrest
The site benefits from strong daily traffic along Stoneville and Richardson Roads, with proximity to major schools in Mount Helena and Parkerville enhancing the local customer base.
Tenant Mix & Configuration
Adjoining a high-traffic liquor store, the centre comprises six fully leased tenancies:
Shop 1 & 2 - Coffee Shop (plus patio & alfresco) – 83sqm (internal only)
Shop 3 – Wellness Consultant – 41sqm
Shop 4 – Pilates Studio – 45sqm
Shop 5 – Skin Care Clinic – 79sqm
Shop 6 – Supermarket, Fruit & Veg, Post Office – 330sqm
Total built area: ~578 sqm
Zoning: Local Centre – permits a wide range of uses including retail, food & beverage, consulting rooms, office, and more (subject to Shire of Mundaring and relevant authorities’ approval).
Financial Overview
• Rent: $116,000 p.a. (plus GST)
• Outgoings: Fully recoverable from tenants
• Occupancy: 100% leased
• Rental Reliability: Long-standing tenants with consistent payment history since construction
Affordable rental levels and strong tenant retention contribute to minimal vacancy risk and stable cash flow.
Value-Add Opportunities
For the astute investor or owner-operator, potential upside includes:
• Development of adjoining land to expand tenancy mix and income.
• Upgrades to presentation and amenity to enhance customer experience and tenant appeal.
• Passive investment with reliable income stream and low management intensity.
Stoneville, 6081 demographic data
The median household income for Stoneville is $2,087, 12% higher than Greater Perth's household income of $1,865. Stoneville has an older age profile compared to the rest of Greater Perth (median age 44 vs 37). Property ownership data shows 56% of property owners in Stoneville have a mortgage.
2,489
Population
$2,087 per week
Median household income
44 years
Median age
Owners
Most residents
Families
Most households
5345 Richardson Road
Stoneville, WA 6081
Real Estate Plus Commercial and Industrial - MidlandUnit 3, 14 Farrall Road
MIDVALE, WA 6056
MIDVALE, WA 6056
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