Address available on request,
Armadale, WA 6112

Shops & Retail

Key property information

Floor area

Car spaces

Sold on

Map

Directions

Part of major portfolio of diversified sub-regional assets - For Sale

- Extremely rare investment opportunity to acquire 5 dominant and high quality sub-regional shopping centres - Menai Marketplace & Settlement City in NSW and Armadale Shopping City, Southlands Boulevarde & Northgate Shopping Centre in WA

- Gain immediate scale in the Australian retail sector, providing a solid property and asset management platform, on a major geographically diversified portfolio of quality assets

- Anchored by some of Australia’s largest retailers, with national tenants securing 90%* of GLA across the portfolio

- Thriving trade area catchments across all assets

- Highly attractive performance metrics that generally surpass industry benchmarks, indicating the potential for income growth

- Capitalise on the impressive performance statistics and drive productivity through active asset management and value add initiatives

- Secure investment platform with portfolio occupancy currently at 98.3%, with each underpinned by strong performing major tenants

- Opportunity to acquire assets direct or via sale of the existing structure

EXPRESSIONS OF INTEREST CLOSING 12 NOON (AEST) THURSDAY 4 SEPTEMBER 2014

*Approx.
# LocationIQ, June 2014
^ Urbis Averages 2013 – sub-regional centres

Armadale, 6112 demographic data

The median household income for Armadale is $1,020, 45% lower than Greater Perth's household income of $1,865. Armadale has an older age profile compared to the rest of Greater Perth (median age 39 vs 37). Property ownership data shows 53% of property owners in Armadale have a mortgage.

13,415

Population

$1,020 per week

Median household income

39 years

Median age

Owners

Most residents

Families

Most households