Carramar Village 7 Cheriton Drive, Carramar, WA, 6031

THIS PROPERTY IS NOW UNDER OFFER. 

Colliers Retail Middle Markets are excited to present an opportunity to acquire Carramar Village, a Woolworths anchored Neighbourhood Centre Shopping Centre located in Carramar, one of Perth’s fastest growing corridors, less than 30 kilometres from Perth CBD.

Carramar Village is a strategically located 5,337m2 single-level Neighbourhood Centre anchored by a strong performing 3,227m2 Woolworths supermarket and complemented by 15 specialities, 2 kiosks and 1 ATM, and serviced by a convenient 332 on-grade car park.

The Centre offers a secure income profile with Woolworths securing 51% of income and 60% of GLA, complimented by national or chain tenants securing 74% of income and all specialties tenancies subject to annual rental review mechanisms, ensuring strong income growth and stability.

• 74% of Income secured by national or chain tenants

• DA approval for two-storey Childcare and Gym Development on site

• Specialty rents are ~20% below the Urbis Benchmark

• Strong Supermarket performance with Woolworths and BWS recording 8% YoY growth

• Exposure to 30,350 cars that pass the centre daily

• Local LGA population is forecast to grow 3.7% annually until 2041

For Sale via Expressions of Interest.

*approx.

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