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Address available on request Hillarys, WA 6025

Address available on request,
Hillarys, WA 6025

Shops & Retail

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Sold

Range: $236,800,000 - $275,200,000

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An Opportunity to acquire a 50% interest in one of Australia’s Best Regional Shopping Centres

- A unique & highly strategic joint venture opportunity to partner with Westfield & acquire a 50% interest in one of Australia’s best performing & dominant regional shopping centres, located just 23km (approx.) north-west of the Perth CBD

- Rated the sixth best performing regional shopping centre by the Property Council of Australia’s Big Guns 2009 Survey, on a MAT/sqm basis at $7,950/sqm

- Securely anchored by strong trading anchor tenants, featuring Woolworths & Progressive Supa IGA supermarkets & Target & Big W discount department stores, together with Lincraft, Best & Less, Grand Cinemas, Bunnings Warehouse & over 200 specialty retailers

- Situated on a landmark 23.5ha (approx.) site, the total Centre comprises a GLA of 77,778sqm (approx.), including a major bulky goods outlet (Whitfords Business Park) & a commercial centre offer, with abundant & easily accessible parking for 4,170 cars (approx.), of which 370 spaces (approx.) are allocated to Whitfords Business Park

- Affluent & densely populated metropolitan catchment, with a Total Trade Area of 237,190 persons (approx.), forecast to increase at a strong annual growth rate of 1.1% (approx.) up until 2021 reaching 271,050 persons (approx.) (Source: Pitney Bowes Business Insight)

- Subject to Authority approvals there is short to medium term potential to expand the existing Centre to include a David Jones department store as a major element of the next retail offer


EXPRESSIONS OF INTEREST closing 12noon (AEDST) Thursday 12 November, 2009

For further information, please contact:

Simon Rooney
+61 2 9220 8497
+61 418 284 680
simon.rooney@ap.jll.com

Property ID: 5582964Last Updated: 26 Jun 2015

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02 9220 85...
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Address available on request
Hillarys, WA 6025
JLL - Sydney
Level 27, 180 George Street
SYDNEY, NSW 2000

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