Added 1 day ago
6 The Gateway,
Edgewater, WA 6027
Medical & Consulting • Shops & Retail
Added 1 day ago
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Sale - Auction Wed 11 Dec
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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
6 The Gateway
Edgewater, WA 6027
Map of 6 The Gateway
Train stations within 5 km of 6 The Gateway, Edgewater, WA 6027 Distance Edgewater Station 1.2 km Joondalup Station 2 km Whitfords Station 4.2 km Currambine Station 4.7 km POWERED BY HERE ©Bus stops within 5 km of 6 The Gateway, Edgewater, WA 6027 Distance Joondalup Dr After Treetop Av 90 m Joondalup Dr After Eddystone Av 275 m Joondalup Dr After Lakeside Dr 297 m Eddystone Av After Caridean St 431 m Treetop Av After Joondlaup Dr 435 m POWERED BY HERE ©
POWERED BY HERE ©
Ultra Rare Retail Investment in Tightly Held Large Format Precinct
- High Profile 8,071 sqm landholding
- CPI & 3.5% rent reviews
- Net Income: $525,716
Burgess Rawson is pleased to offer to the market Retravision & Ape Escape located at 6 The Gateway, Edgewater WA 6027 for sale via Investment Portfolio Auction 173.
The property has the following investment highlights:
+ 7-year leases, with 5.1 years WALE, plus further 5-year options
+ Retravision: A leading electrical retailer with over 60 years of experience, operating 22 stores nationwide
+ Ape Escape: widely known children’s gymnastics & play centre
+ Landlord-favourable net leases, with tenants responsible for all outgoings
+ Strong rent review structures with a mix of CPI and fixed 3.5% annual rent increases
+ Immaculate 2,705sqm* building located in a highly sought-after and tightly held Large Format Retail precinct
+ Significant high profile 8,071sqm land holding fronting Joondalup Drive with exposure to over 31,000* vehicles passing daily (1)
+ Strategically located within major growth precinct, surrounded by key national tenants including Bunnings, Spotlight, Amart, Nick Scali, The Good Guys, and other prominent retailers
+ Joondalup: located in Perth’s thriving northern corridor and located only 26km* from the Perth CBD
+ Combined Net income: $525,716pa* + GST (as at Dec 2024)
To be sold by Investment Portfolio Auction:
10:30am (AEDT) Wednesday 11 December 2024
Crown Casino, Melbourne
Please contact the exclusively appointed Burgess Rawson sales team for more information.
Chris Carcione 0415 393 0...
Richard Giorgi 0468 697 0...
Natalie Couper 0413 856 9...
*Approx
1 GapMaps
The property has the following investment highlights:
+ 7-year leases, with 5.1 years WALE, plus further 5-year options
+ Retravision: A leading electrical retailer with over 60 years of experience, operating 22 stores nationwide
+ Ape Escape: widely known children’s gymnastics & play centre
+ Landlord-favourable net leases, with tenants responsible for all outgoings
+ Strong rent review structures with a mix of CPI and fixed 3.5% annual rent increases
+ Immaculate 2,705sqm* building located in a highly sought-after and tightly held Large Format Retail precinct
+ Significant high profile 8,071sqm land holding fronting Joondalup Drive with exposure to over 31,000* vehicles passing daily (1)
+ Strategically located within major growth precinct, surrounded by key national tenants including Bunnings, Spotlight, Amart, Nick Scali, The Good Guys, and other prominent retailers
+ Joondalup: located in Perth’s thriving northern corridor and located only 26km* from the Perth CBD
+ Combined Net income: $525,716pa* + GST (as at Dec 2024)
To be sold by Investment Portfolio Auction:
10:30am (AEDT) Wednesday 11 December 2024
Crown Casino, Melbourne
Please contact the exclusively appointed Burgess Rawson sales team for more information.
Chris Carcione 0415 393 0...
Richard Giorgi 0468 697 0...
Natalie Couper 0413 856 9...
*Approx
1 GapMaps
Property ID: 504737516Last Updated: 14 Nov 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Burgess Rawson - Perth Level 10, 225 St Georges Terrace
PERTH, WA 6000
PERTH, WA 6000
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