Case Studies

1387 Wanneroo Road, Wanneroo, Western Australia


1387 Wanneroo Road is strategically positioned at the major arterial intersection of Wanneroo Road and Joondalup Drive (extension of Burns Beach Road) Wanneroo, within Perth’s booming Northern Corridor harnessing a significant population catchment.

High yielding investment anchored by leading national and local business Dan Murphy’s, Surge Fitness, Good Samaritan Industries, Spurs Steakhouse Restaurant, Drovers Little Learners Childcare, The Swim School WA and Drovers Self Storage.

• Modern 16,388sqm LFRC investment
• Net income $2,051,157pa
• 7.91 year WALE (by area)
• 343* parking bays with the capacity to further extend car park at rear
• 29,488sqm land area with 191m frontage to Wanneroo Road
• Contemporary designed Large Format Retail Centre
• Anchored by Endeavour Group t/as Dan Murphy’s Wanneroo

Sales Analysis
Sale Date:$26,000,000
Settlement Date:19 December 2022
Land Area:29,488sqm*
NLA Area:16,388sqm*
Net Income:$2,051,157pa*
Vendor:Greenpark Asset
Purchaser:Baron Vanilla Management


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