3/7 Winton Road, Joondalup WA 6027

Cygnet West in conjunction with Vend Property, are pleased to offer Unit 3, 7 Winton Road, Joondalup (Perth) WA for sale by Offers to Purchase.

This is a truly unique opportunity to acquire a fully leased investment in the prime commercial/retail precinct of Joondalup, anchored by the first Chuck E. Cheese to open its doors in Australia.

The investment features a long-term net lease to a well-established global brand, 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 metro Perth.

Key Investment Highlights

• Attractive Lease Profile: New 10 year lease expiring 16 September 2034 with fixed 3% annual reviews.
• Outstanding Tenant: The popular Chuck E. Cheese concept that originated in the US in the 70s and has grown to 676 centres globally, has finally arrived and has chosen Unit 3, 7 Winton Road as it’s first store in Australia.
• Prime Location: Located in the prime, tightly held, commercial/retail precinct of Joondalup Business Park with direct exposure to in excess of 24,000 vehicles per average weekday along Joondalup Drive.
• Additional Revenue Source: Extra net income through a roof top solar licence generating $9,000 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: