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2883 Albany Highway Kelmscott, WA 6111

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2883 Albany HighwayKelmscott, WA 6111

Shop & Retail
Sold Price

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Land area

1.74ha (4.31 acres)

Floor area

5077.0m²

Sold on

06 Aug 2018

Securely Leased Neighbourhood Shopping Centre Anchored by Woolworths Supermarket

  • Long term WALE of 8.18 years
  • Anchored by Woolworths Supermarket
  • Over 79% secured by National Tenants*
This offering presents the unique opportunity to acquire Kelmscott Plaza a Woolworths anchored neighbourhood shopping centre with a quality mix of local and national tenants on a large 1.74Ha site.

Kelmscott Plaza comprises a well-established convenience based retail centre anchored by a 2,917sq m Woolworths supermarket and support by a dynamic mix of one mini-major, 14 specialties and a freestanding Red Rooster.

The site is strategically positioned in the heart of the Kelmscott Town Centre, a major activity centre within the rapidly growing south east corridor of Perth. The shopping centre has a prominent position with four street frontages - including Albany Highway with approximately 30,000 vehicles passing by the site per day.

Kelmscott Plaza features a vibrant mix of service and retail specialty tenants including a Wizard Pharmacy, Rave Discounts, Flight Centre and a complementary mix of food retailers including a freestanding Red Rooster pad site.

Key Attributes Include:
- Anchored by a full-line Woolworths Supermarket (2,917sq m*) with lease expiry in 2028 and 8 x 5 year options.
- Attractive WALE of over 8.18 years* (by area)
- Strong income security - over 79%* secured by National tenants
- High profile position within Kelmscott Town Centre and close proximity to Kelmscott Train Station
- Located within the fast growing South Eastern Corridor of the Perth Metro Area.
- GLAR of 5,077 sq m*
- Significant 17,442 sq m* site with combined 443 metres frontage to four streets offering easy and direct access.
- Parking for 278* vehicles (5.48 car bays per 100 sq m)

For Sale by Public Expressions of Interest closing Thursday 22 March 2018 at 2pm (WST)

*Approx

Property ID: 502715418Last Updated: 10 Oct 2018

2883 Albany Highway
Kelmscott, WA 6111

Agency contacts

Colliers International - Perth

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Colliers International - Perth

Level 26, 197 St Georges Terrace
PERTH, WA 6000
CBRE - Perth

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CBRE - Perth

Level 25, QV1, 250 St Georges Terrace
PERTH, WA 6000
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Ben Tana
Colliers International - Perth
2883 Albany Highway Kelmscott, WA 6111

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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