Shenton Quarter - Retail, 1 Seymour Avenue, Shenton Park WA 6008

Cygnet West is pleased to present Shenton Quarter Retail Precinct, 1 Seymour Avenue, Shenton Park to the market, offering a rare opportunity to acquire a modern, premium inner-urban neighbourhood retail investment within one of Perth's most affluent and tightly held western suburbs. 

Completed in 2024, Shenton Quarter Retail Precinct is a modern neighbourhood centre occupying the activated ground floor of the Shenton Quarter mixed-use development. The centre comprises 4,287 m²* of retail accommodation, anchored by a 2,510 m²* Coles Local supermarket and supported by 15 specialty tenancies and a kiosk. 

The specialty mix is weighted to non-discretionary uses, including Liquorland, Clinicare Pharmacy, Shenton Park Health Care, Smile Haus Dental, SQ Physiotherapy and a strong food and beverage offering. With only one remaining vacancy, the asset is substantially stabilised and offers both defensive holding income and future rental reversion. 

Key features: 

• Coles Local 15-year term expiring 20 November 2039, plus four 5-year options 
• Lettable area: 4,287 m²* 
• Occupancy: 98% 
• Estimated fully leased net income: $1,491,237* p.a. 
• WALE: 9.9 years* by income and 9.8 years* by area 
• Car parking: 146 bays (124 customer), including Coles Click and Collect 
• Located approximately 4km west of the Perth CBD 
• Over 500 new dwellings to be developed immediately surrounding the centre, with a further 1,000+ residents anticipated 

*Approximately 

A 100% interest is being offered for sale via Expressions of Interest closing 3pm AWST, Wednesday 9 December 2026. 

Due diligence material is available via an online data room upon request to the exclusive marketing agents.