Contact the agent if you'd like further information.
RWC WA are excited to offer to the market HOYTS Cinemas Warwick, a strong performing cinema located in the Warwick Entertainment Precinct.
The property has excellent fundamentals sought by astute investors.
• High profile community precinct - Adjacent to the sub-regional Warwick Grove Shopping Centre, which attracts 4.6million visitors annually with a total trade area encompassing over 105,000 people.
• Community Interaction - Both the Entertainment Precinct and Warwick Grove precincts serve as the primary retail and entertainment destinations for the surrounding catchment, with strong cross-flow of foot traffic.
• Secure Income Stream - Leased to Australia's leading cinema operator HOYTS, providing a strong, defensive income profile with a $677,414 net income and annual rental growth mechanisms.
• Strong demographics of catchment - Household incomes in the catchment are approximately 10 - 15% above the Perth metropolitan average, a strong proportion of professional and dual-income households.
• Direct proximity to Warwick Grove Shopping Centre: Anchored by Woolworths, ALDI, Coles, Kmart, and over 80 specialty retailers, providing a high-volume retail catchment and cross-shopping benefits.
• Surrounding the HOYTS cinema complex are well-established food, beverage, and service operators such as McDonald's, Mochachos, Subway, Zambrero, Baskin-Robbins, Dome Café, Westpac Bank.
To discuss in more detail and to gain access to the Electronic Data Room (EDR) please contact the exclusive selling agents.
Andrew Woodley-Page
0438 939 869
andrew.woodley-page@raywhite.com
Brett Wilkins
0478 611 168
brett.wilkins@raywhite.com
3,735m²
Tenanted
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