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Cygnet West in conjunction with Vend Property, are pleased to offer Unit 3, 1-5 Magenta Tce, Mandurah WA for sale by Expressions of Interest, closing 4:00pm (AWST) Thursday 30th October 2025.
An opportunity to acquire a fully leased investment in the prime commercial/retail precinct of Mandurah, anchored by Freedom Furniture.
The investment features a long-term net lease to Australia’s most recognisable homewares and lifestyle retailers, providing a strong income stream. Positioned in a tightly held location, this exceptional asset offers an exclusive opportunity to secure a blue-chip investment in a well-established proven large forma retail precinct.
Key Investment Highlights
• Attractive Lease Profile: 15 year lease expiring 12 September 2029 with annual CPI reviews (capped at 4%).
• Strong Tenant: Freedom Furniture is a well-known national retailer with 61 stores across Australia and New Zealand.
• Prime Location: Located in the prime, tightly held, large format retail precinct of Mandurah with direct exposure to in excess of 20,000 vehicles per average weekday along Mandurah Terrace.
• Additional Revenue Source: Extra net income through a roof top solar licence generating $7,426 per annum.
Contact
For a copy of the IM or to seek any further information, all enquiries in relation to this opportunity are to be directed to the exclusive agents, Cygnet West and Vend Property:
Cygnet West in conjunction with Vend Property, are pleased to offer Unit 3, 1-5 Magenta Tce, Mandurah WA for sale by Expressions of Interest, closing 4:00pm (AWST) Thursday 30th October 2025.
An opportunity to acquire a fully leased investment in the prime commercial/retail precinct of Mandurah, anchored by Freedom Furniture.
The investment features a long-term net lease to Australia’s most recognisable homewares and lifestyle retailers, providing a strong income stream. Positioned in a tightly held location, this exceptional asset offers an exclusive opportunity to secure a blue-chip investment in a well-established proven large forma retail precinct.
Key Investment Highlights
• Attractive Lease Profile: 15 year lease expiring 12 September 2029 with annual CPI reviews (capped at 4%).
• Strong Tenant: Freedom Furniture is a well-known national retailer with 61 stores across Australia and New Zealand.
• Prime Location: Located in the prime, tightly held, large format retail precinct of Mandurah with direct exposure to in excess of 20,000 vehicles per average weekday along Mandurah Terrace.
• Additional Revenue Source: Extra net income through a roof top solar licence generating $7,426 per annum.
Contact
For a copy of the IM or to seek any further information, all enquiries in relation to this opportunity are to be directed to the exclusive agents, Cygnet West and Vend Property:
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