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Brighton Village Shopping Centre 6 Kingsbridge Boulevard, Butler, WA, 6036

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Brighton Village Shopping Centre 6 Kingsbridge Boulevard, Butler, WA, 6036

Butler

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Brighton Village Shopping Centre 6 Kingsbridge Boulevard, Butler, WA, 6036

Butler

SOLD
Brighton Village Shopping Centre 6 Kingsbridge Boulevard, Butler, WA, 6036

Brighton Village Shopping Centre 6 Kingsbridge Boulevard, Butler, WA, 6036

Properties / Sold / Western Australia / Butler
Tenanted Investment
Selling Method
EOI
Selling Details
Closing 2.00pm (AWST) on Thursday, 3 April 2025
Land Area
12,190 m² (*approx)
Property Type
Retail
Sub-type
Shopping Centre
Show All
100% Fully Leased Coles Anchored Perth Neighbourhood Centre Paying Percentage Rent
  • Rare 20-year lease to Coles (exp. 2033)
  • Coles supermarket paying percentage rent
  • Fully leased centre

Colliers are excited to present an opportunity to acquire a Coles anchored Neighbourhood Shopping Centre paying percentage rent. Brighton Village is strategically located in Perth’s high growth northern corridor.

Brighton Village is a modern 3,831m² single level neighbourhood centre anchored by a Coles supermarket and supported by six specialty tenants serviced by an on-grade car park providing 201 car spaces.

Coles accounts for 73% of GLA and 78% of Income and is currently paying turnover rent. The Centre presents itself as a high-profile offering, featuring secure income growth and minimal management.

• Rare 20-year lease (exp. 2033) to Coles

• Coles supermarket paying percentage rent

• Average specialty rent is 50% below the Urbis benchmark¹

• Fully leased centre with 88% of the gross income and GLA secured by national tenants

• Long WALE of more than 7 years by income and GLA

• MTA population forecasted to grow by 2.5% pa, more than double the Greater Perth benchmark²

Expressions of Interest closing 2.00pm (AWST) on Thursday, 3 April 2025

¹ Urbis Benchmark 2024

² Location IQ Trade area analysis – Brighton Village, February 2025

*approx.

*all site boundaries and outlines are indicative only.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

Investment Summary

Property Type
Retail
Sub-type
Shopping Centre
Wale
7 years
Land Area
12,190 m² (*approx)
Selling Method
EOI
EOI Closing Date
3 Apr 2025 02:00PM
Selling Details
Closing 2.00pm (AWST) on Thursday, 3 April 2025

Investment Highlights

100% Fully Leased Coles Anchored Perth Neighbourhood Centre Paying Percentage Rent
  • Rare 20-year lease to Coles (exp. 2033)
  • Coles supermarket paying percentage rent
  • Fully leased centre

Colliers are excited to present an opportunity to acquire a Coles anchored Neighbourhood Shopping Centre paying percentage rent. Brighton Village is strategically located in Perth’s high growth northern corridor.

Brighton Village is a modern 3,831m² single level neighbourhood centre anchored by a Coles supermarket and supported by six specialty tenants serviced by an on-grade car park providing 201 car spaces.

Coles accounts for 73% of GLA and 78% of Income and is currently paying turnover rent. The Centre presents itself as a high-profile offering, featuring secure income growth and minimal management.

• Rare 20-year lease (exp. 2033) to Coles

• Coles supermarket paying percentage rent

• Average specialty rent is 50% below the Urbis benchmark¹

• Fully leased centre with 88% of the gross income and GLA secured by national tenants

• Long WALE of more than 7 years by income and GLA

• MTA population forecasted to grow by 2.5% pa, more than double the Greater Perth benchmark²

Expressions of Interest closing 2.00pm (AWST) on Thursday, 3 April 2025

¹ Urbis Benchmark 2024

² Location IQ Trade area analysis – Brighton Village, February 2025

*approx.

*all site boundaries and outlines are indicative only.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

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Brighton Village Shopping Centre 6 Kingsbridge Boulevard, Butler, WA, 6036

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Property Location of Brighton Village Shopping Centre 6 Kingsbridge Boulevard, Butler, WA, 6036

Property Map
Brighton Village Shopping Centre 6 Kingsbridge Boulevard, Butler, WA, 6036 Butler
Colliers - Perth
Colliers - Perth
l5, 200, Saint Georges Terrace, Perth, City of Perth, Western Australia, Australia, 6000
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