99 Bikes, 80 Pinjarra Road,
Mandurah, WA 6210
Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
Key property information
Land area
Floor area
Car spaces
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Stonebridge Property Group - Melbourne
Level 19, 627 Chapel StreetSOUTH YARRA, VIC 3141
99 Bikes, 80 Pinjarra Road
Mandurah, WA 6210
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Rare Retail Freehold Investment - Secure Lease to Global Tenant
- 1km from Major Shopping Centre
- 12 Car Parks & Rear Access On Title
- Prime Exposure to 23,315+ Vehicles Daily
Stonebridge is pleased to present ’99 Bikes Mandurah’ for sale via National Portfolio Auction on Friday 31 October at 11am (AEDT).
The asset has the following key investment features:
- Secure 3 year lease to 2028 plus 4 x 3 year options to 2040, with CPI annual rent increases
- 99 Bikes (Pedal Group) – Australia’s number one bicycle retailer, a wholly owned subsidiary of Pedal Group and backed by ASX listed Flight Centre, boasting a network of 75+ stores globally
- Substantial 1,088 sqm* landholding boasting 15 at-grade car parks and convenient rear access on title
- Prime position with over 20m* of frontage along Pinjarra Road, Mandurah’s main arterial road and commercial strip, which services 23,315+ vehicles daily
- Ideal retail location just 1km* from Mandurah Forum Shopping Centre (159+ stores and 6,600,000* annual visitors)
- Surrounded by national tenants Woolworths, Coles, Aldi, McDonald’s, KFC, Subway, Hungry Jacks, Dominos, Dan Murphy's. Bridgestone and more
- Mandurah – 1hr drive from Perth and Western Australia’s second largest city, known for its affluent lifestyle and population set to boom to 116,000+ by 2046
- Estimated Net Income $76,181 pa* + GST
‘99 Bikes Mandurah’ is for sale via National Portfolio Auction on Friday 31 October at 11am (AEDT).
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
Property Code: 1464
The asset has the following key investment features:
- Secure 3 year lease to 2028 plus 4 x 3 year options to 2040, with CPI annual rent increases
- 99 Bikes (Pedal Group) – Australia’s number one bicycle retailer, a wholly owned subsidiary of Pedal Group and backed by ASX listed Flight Centre, boasting a network of 75+ stores globally
- Substantial 1,088 sqm* landholding boasting 15 at-grade car parks and convenient rear access on title
- Prime position with over 20m* of frontage along Pinjarra Road, Mandurah’s main arterial road and commercial strip, which services 23,315+ vehicles daily
- Ideal retail location just 1km* from Mandurah Forum Shopping Centre (159+ stores and 6,600,000* annual visitors)
- Surrounded by national tenants Woolworths, Coles, Aldi, McDonald’s, KFC, Subway, Hungry Jacks, Dominos, Dan Murphy's. Bridgestone and more
- Mandurah – 1hr drive from Perth and Western Australia’s second largest city, known for its affluent lifestyle and population set to boom to 116,000+ by 2046
- Estimated Net Income $76,181 pa* + GST
‘99 Bikes Mandurah’ is for sale via National Portfolio Auction on Friday 31 October at 11am (AEDT).
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
Property Code: 1464
Mandurah, 6210 demographic data
8,804
Population
$858 per week
Median household income
50 years
Median age
Renters
Most residents
Families
Most households
Stonebridge Property Group - MelbourneLevel 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141