SOLD!, 15 Sundew Rise,
Joondalup, WA 6027
Showrooms & Large Format Retail
Price information
Sold
$7,500,000
Key property information
Land area
Floor area
Car spaces
Parking info
Property extent
Zoning
Tenure type
Sold on
Map of SOLD!, 15 Sundew Rise
FREESTANDING SHOWROOM WITH ASX LISTED RETAILER
- 12 year lease to JB Hi-Fi Group
- Guaranteed Growth: Annual 3.5% increases
- Net Passing Income: $432,940.56 pa
15 Sundew Rise, Joondalup comprises of a freestanding building, recently completed in 2015. Located on a corner site with a twelve (12) year lease to an ASX listed international retailer, JB Hi-Fi Home, this retail investment is a fantastic opportunity for investors.
The subject property is located 25 kilometres north of the Perth CBD in the fast-growing suburb of Joondalup. The Joondalup Large Format Retail precinct is the fourth (4th) largest in Australia by gross lettable area.
Key Investment Considerations:
- Freestanding JB Hi-Fi Home Showroom
- Prominent corner location (opposite Bunnings)
- 12 year Lease to JB Hi-Fi Group Ltd (ASX:JBH)
- Recently built
- Guaranteed Growth: Annual Fixed 3.5% increases
- Land Area: 3,609 square metres
The subject property is located 25 kilometres north of the Perth CBD in the fast-growing suburb of Joondalup. The Joondalup Large Format Retail precinct is the fourth (4th) largest in Australia by gross lettable area.
Key Investment Considerations:
- Freestanding JB Hi-Fi Home Showroom
- Prominent corner location (opposite Bunnings)
- 12 year Lease to JB Hi-Fi Group Ltd (ASX:JBH)
- Recently built
- Guaranteed Growth: Annual Fixed 3.5% increases
- Land Area: 3,609 square metres
Property ID: 502435458Last Updated: 10 Jul 2019
04189457...
SOLD!, 15 Sundew Rise
Joondalup, WA 6027
Vend Property - SubiacoSuite A1, 435 Roberts Road
SUBIACO, WA 6008
SUBIACO, WA 6008
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