Flinders Square Shopping Centre 30 Wiluna Street,
Yokine, WA 6060
Shops & Retail
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Map of Flinders Square Shopping Centre 30 Wiluna Street
100% Fully Occupied Neighbourhood Centre Anchored by a Strong Performing Coles Supermarket
- Fully Occupied NOI $2.43million (approx)
- 15 year Lease to Coles exp 2025
- Over 80% GLAR National & Chain Tenants
Rare opportunity to secure a 100% fully occupied Neighbourhood shopping centre, anchored by Coles, and located within 5 kilometres of the Perth CBD. Flinders Square comprises a strong performing full line Coles Supermarket (3,547 sqm), a City Farmers (mini-major), 18 specialties, 1 kiosk, 1 ATM and a car wash.
The site is ideally located within the affluent and established suburb of Yokine, surrounded by a high level of amenity including schools, a university and a number of recreational reserves. The area features an above average socioeconomic demographic profile with a projected trade area spend increasing by 4% annually.
Flinders Square features a high proportion of national service based and specialty food retailers including Coles, Liquorland, ANZ, Australia Post, Bakers Delight, and City Farmers.
Key Attributes Include:
- Anchored by a full-line Coles Supermarket (3,547sq m*) with lease expiry in 2025 and 2 x 6 year options.
- 100% Fully occupied centre with an attractive WALE of 5.78 years* (by area)
- High proportion of national tenants comprising over 80%* of the Centre’s GLA
- Affluent inner city location with the average per capita income in the main trade area being 17.2% higher than the Perth Metro Average
- GLAR of 6,051.90 sqm*
- Significant 20,235 sqm* site with combined 385 metres frontage to three streets offering easy and direct access.
- Fully leased net income of $2,432,255 per annum *
- Site offers a range of mixed-use development opportunities, STCA**
For Sale by Expressions of Interest closing 2pm (AWST) Thursday 7 June 2018.
*Approx
**Subject to Council Approval
The site is ideally located within the affluent and established suburb of Yokine, surrounded by a high level of amenity including schools, a university and a number of recreational reserves. The area features an above average socioeconomic demographic profile with a projected trade area spend increasing by 4% annually.
Flinders Square features a high proportion of national service based and specialty food retailers including Coles, Liquorland, ANZ, Australia Post, Bakers Delight, and City Farmers.
Key Attributes Include:
- Anchored by a full-line Coles Supermarket (3,547sq m*) with lease expiry in 2025 and 2 x 6 year options.
- 100% Fully occupied centre with an attractive WALE of 5.78 years* (by area)
- High proportion of national tenants comprising over 80%* of the Centre’s GLA
- Affluent inner city location with the average per capita income in the main trade area being 17.2% higher than the Perth Metro Average
- GLAR of 6,051.90 sqm*
- Significant 20,235 sqm* site with combined 385 metres frontage to three streets offering easy and direct access.
- Fully leased net income of $2,432,255 per annum *
- Site offers a range of mixed-use development opportunities, STCA**
For Sale by Expressions of Interest closing 2pm (AWST) Thursday 7 June 2018.
*Approx
**Subject to Council Approval
Yokine, 6060 demographic data
The median household income for Yokine is $1,717, 8% lower than Greater Perth's household income of $1,865. Yokine has an older age profile compared to the rest of Greater Perth (median age 38 vs 37). Property ownership data shows 52% of property owners in Yokine have a mortgage.
12,706
Population
$1,717 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households
08 6375 60...
Flinders Square Shopping Centre 30 Wiluna Street
Yokine, WA 6060
Cygnet WestLevel 26, 197 St Georges Terrace
PERTH, WA 6000
PERTH, WA 6000
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