RETAIL INVESTMENT IN PERTH’S MOST PRESTIGIOUS WATERSIDE PRECINCT
Four individual retail strata lots forming the ground floor of The Towers at Elizabeth Quay. The Towers sits alongside the new Ritz-Carlton, the new headquarters for Chevron and over $2 billion worth of development in the area.
Features include:
| Sale Analysis – Lot 278 | |
| Sale Price: | $4,000,000 |
| Building Area: | 296sqm* |
| Yield – Passing: | 6.1% |
| Sale Analysis – Lot 276 | |
| Sale Price: | $6,000,000 |
| Building Area: | 424sqm* |
| Yield – Passing: | 5% |
| Sale Analysis – Lot 279 | |
| Sale Price: | $1,505,000 |
| Building Area: | 116sqm* |
| Yield – Passing: | 5.4% |
| Sale Analysis – Lot 280 | |
| Sale Price: | $1,345,000 |
| Building Area: | 106sqm* |
| Yield – Passing: | 5.4% |
*Approximately
Jurien Bay Shopping Centre, 220 km north of the Perth CBD, has been bought by a local private investor for $8,950,000 reflecting an initial yield of 7.04 per cent on net passing income at the time of sale. The IGA anchored neighbourhood centre includes eight specialty shops on a 5,853sqm … Read more
A rare near-central development opportunity in Mandurah has been brought to market, with RWC WA launching an Expressions of Interest campaign for the vacant development site at Lot 402 Barracks Lane, Mandurah WA. Located within the Peel region, the 2,918sqm Strategic Centre–zoned landholding is one of the last remaining development … Read more