103 Ghost Gum Boulevard,
Banksia Grove, WA 6031

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NEWLY CONSTRUCTED NEIGHBOURHOOD SHOPPING CENTRE IN NORTH EASTERN GROWTH HUB OF PERTH

12 year lease to Woolworths with options
Fully leased with quality tenancy mix
9.0 Year WALE (by income)

Woolworths Banksia Grove is a recently constructed Woolworths anchored neighbourhood shopping centre located within the Banksia Grove town centre, only 5km* north east from the satellite city of Joondalup.

The asset is backed by a long lease to ASX listed Woolworths with a variety of complementary service and F&B specialty tenants with strong income growth profile.

The large 2.54Ha* site has surplus development land and convenient parking for 284 vehicles. The centre is strategically positioned at the entrance to the Banksia Grove Estate, a $2 billion master-planned community with population growth of 2.70% p.a.* Forecast for the next 10 years.

We encourage your strong consideration of this investment opportunity and look forward to assisting you with your enquiries.

*Approx.

Property ID: 503098070Last Updated: 13 Dec 2021

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