Business NO.:
3424904
Status:
Active
Price:
$4,000,000
Updated on:
12/08/2025
PRIME PERTH HILLS RETAIL / COMMERCIAL FREEHOLD SHOPPING CENTRE PROPERTY INVESTMENT
Freehold/Business | Business for Sale | Perth
- OFFERED HERE FOR SALE is a FULLY LEASED Freestanding FREEHOLD Suburban Shopping Centre Property of 1145sqm GLA; & located on a large 3289sqm Commercial zoned corner site.
- Developed over 2 adjoining & gently sloping Ground Level buildings; & with 2 separate & conveniently accessible on-site fronting Parking lot areas.
- Available is a historically successful & fully leased Retail/Commercial Shopping Centre; & with over 48 years of its original founding-family & still its current owners/managers proprietorship.
- The Centre has expanded over time from its original development in to its now 11 shops, some with adjoining multi-shop locations & with substantially strong, long term active traders.
- A true local Hills Shopping Centre icon – being well exposed & in a highly visible location; & centrally located amidst its established high-end garden suburb residences.
- It's also strategically located on a major suburban through-road & which provides additional off-site road parking bays for its overflow Shopping Centre patrons.
- Providing its Freehold owners with a Financially sound Commercial/Retail Investment – & currently generating a Net Annual Rental income of some $294Kpa [plus all Outgoings & GST];
- And also in noting too that - in the next 12/18 month trading cycles its majority CPI based Rent Reviews will further enhance it's offering, from an attractive Net Return in excess of some 7%pa on the current Asking Price.
- Accordingly, it is attractively Offered For Sale by its [now retiring] owners, by way of Expressions of Interest; & from an Asking Price from $4M & with "offers invited".
To register your interest or to obtain further details, please contact the exclusive selling agent: David Ellis / of Ellis Corporate –
/ /For more details, please email broker or call agents.
434 Vincent Street West, Leederville, WA 6007