Southern River Shopping Centre & Showrooms

Address & Location
Southern River Shopping Centre and Showrooms complex is situated on Ranford Road, approximately 20km South East of the Perth CBD. The Centre is located on the Northern side of Ranford Road at the intersection of Wright Road and Bristol Avenue.

The precinct benefits from a 476 metre frontage to Ranford Road with exposure to approximately 15,000 - 18,000 vehicles per day.

Description
This property offers investors the potential to add value as well as take advantage of the rapidly expanding residential catchment surrounding the Centre.

The property comprises a neighbourhood shopping centre, two showroom buildings, a Shell Service Station and childcare centre.

The Shopping Centre is anchored by a 3,000 plus square metre Coles Supermarket, together with 17 specialty shops, including Liquorland, Greg's Discount Pharmacy and a Medical Centre.

Adjacent to the Shopping Centre to the East and West is over 7,000 square metres of showroom space, with direct exposure to passing traffic along Ranford Road. Opposite is a site owned by Bunnings which is proposed for development of a Bunnings Warehouse.

The Southern River Shopping Centre is surrounded by several major residential developments including Satterley's Heron Park, Stockland's Boardwalk, Newhaven and Vertu Private Estates and Wallace Property Co's Bletchley Park. According to the City of Gosnells, an estimate of $1.8 billion in development will take place within this area over the next ten years.

Area
12,333sqm of GLA on approximately 4 hectares total land area

Zoning
Mixed Use

Parking
Approximately 532 bays servicing the complex

SOLD!

Contact:
Lease Equity Pty Ltd
Level 12, Carillon City Office Tower
207 Murray Street
PERTH WA, 6000

Phone: (08) 9426 1777
International: + 61 8 9426 1777
Facsimile: (08) 9486 7677
Email: reception@lease-equity.com.au