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Warnbro, WA 6169
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Exceptional Perth Metropolitan Sub-regional Investment Opportunity
• Modern, recently expanded sub-regional shopping centre, securely anchored by Coles and Woolworths, the only double supermarket offering within the PTA
• Exceptional and diverse tenant base with major, national and chain retailers representing 93% of total GLA and 81% of gross rent
• Excellent income security with leading national retailers Coles, Woolworths and Big W on long-term leases with a WALE of 11.6 years, representing 69% of GLA
• The only Big W store within the trade area, a fundamental point of difference for the centre
• Strong forecast population growth within the TTA of 2.4%, expected to reach 127,700 by 2027, significantly above the Perth benchmark of 1.5% p.a.*
• Major TTA retail expenditure of $1.5bn with robust forecast growth of 4.9% p.a., expected to reach $2.4bn by 2027*
• Significant increase in forecast retail expenditure with food retail spending forecast to increase from $697.0m in 2017 to $1.1bn in 2027, representing robust forecast growth of 4.9% p.a.*
Warnbro Centre forms part of the Major Australian Shopping Centre Portfolio, comprising 14 high-quality, sub-regional and neighbourhood shopping centre investments
For sale in one line or individually by EOI closing Thursday 23 August at 12 noon (AEST)
All figures above are approximate only
*Urbis, June 2018
• Exceptional and diverse tenant base with major, national and chain retailers representing 93% of total GLA and 81% of gross rent
• Excellent income security with leading national retailers Coles, Woolworths and Big W on long-term leases with a WALE of 11.6 years, representing 69% of GLA
• The only Big W store within the trade area, a fundamental point of difference for the centre
• Strong forecast population growth within the TTA of 2.4%, expected to reach 127,700 by 2027, significantly above the Perth benchmark of 1.5% p.a.*
• Major TTA retail expenditure of $1.5bn with robust forecast growth of 4.9% p.a., expected to reach $2.4bn by 2027*
• Significant increase in forecast retail expenditure with food retail spending forecast to increase from $697.0m in 2017 to $1.1bn in 2027, representing robust forecast growth of 4.9% p.a.*
Warnbro Centre forms part of the Major Australian Shopping Centre Portfolio, comprising 14 high-quality, sub-regional and neighbourhood shopping centre investments
For sale in one line or individually by EOI closing Thursday 23 August at 12 noon (AEST)
All figures above are approximate only
*Urbis, June 2018
Property ID: 502873522Last Updated: 16 Oct 2018
02 9220 85...
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Warnbro, WA 6169
JLL - SydneyLevel 27, 180 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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