573 Canning Highway, Alfred Cove, WA, 6154

Positioned within an affluent riverside suburb and prominently fronting Canning Highway, the property comprises a substantial three-storey professional centre with strong existing income, immediate lease-up potential and longer-term redevelopment upside.

Set on a 1,428m²* freehold landholding, the building provides 967m²* of net lettable area across multiple tenancies, supported by generous common amenities, lift access, 31 car bays and additional lock-up garage / storeroom areas.

The property is substantially leased to a mix of professional and service-based tenants, with additional income secured from rooftop telecommunications infrastructure leased to Telstra and Optus. With approximately 396m²* currently vacant, there is a clear opportunity to improve the income.

With a short WALE and existing vacancy, the property also provides a future pathway for owner-occupiers seeking to secure a prominent freehold premises while benefiting from holding income in the interim.

Property Features:

• 1,428m²* freehold landholding

• 967m²* net lettable area

• 1,292m²* total building area

• Three-storey professional centre with lift access

• 31 marked car bays plus garage / storage areas

• Substantially leased with diversified income stream

• Rooftop telecommunications income from Telstra and Optus

• Approximately 396m²* vacant, providing immediate income upside

• Current net income of $202,046.81pa*

• Potential fully leased net income of $349,278.81pa*

• Short WALE providing future occupation potential

• Centre C4 / Residential zoning with future mixed-use redevelopment potential

• Prominent Canning Highway exposure with rear access

Sale Details:

Offers to Purchase Invited

Closing 4pm AWST, Thursday 11 June 2026

For further information or to arrange an inspection, please contact:

Lachlan Burrows

0499 552 296

[email protected]

Michael Milne

0403 466 603

[email protected]

Tom Jones

0478 771 117

[email protected]

*Approx.

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