Jones Lang LaSalle, as exclusive selling agent, is delighted to present to the market, for the first time in well over a generation West Perth’s best positioned corner site.

Situated at the very centre of the highly sought after West Perth business precinct, the offering represents a rare opportunity to acquire a high street retail property with a diversified income stream from a range of long standing tenants.

A property that ticks all the boxes: premium location, strong investment returns and exceptional redevelopment potential.

Key features of this outstanding property include;
• High profile site on the corner of Colin Street
• Street frontage of over 80 metres*
• Land area 1,749sqm* with 3:1 plot ratio plus bonuses (STCA)
• NLA 930sqm* comprising 12 retail tenancies
• 95% leased to long standing tenants with attractive expiry profile
• Estimated net income: $355,000pa*
• Significant mixed use redevelopment potential

For Sale by Offers to Purchase closing 2pm (WST) Thursday 7 November 2013.

For further information or to arrange an inspection please contact:
Tom Nattrass on 0412 925 899
Nigel Freshwater on 0417 197 3...