Price: Shopping Centre HUGE 9.2% Return
Property Type: Retail
Floor Area: 2100 m2

Expression of interest for this Rare Opportunity

HUGE 9.2% potential return, currently returning 7% with long term tenants, this is an investors dream opportunity!

A corner landholding having a total land area of 6,431m2, located at a popular intersection in the prominent suburban locality of Bluff Point, situated some 4 kilometres north of the Geraldton city centre.
The land is improved with a refurbished single level group of shops divided amongst 8 tenancies and a newer separate single level group of shops divided amongst 3 tenancies, the centre having a total net lettable area of 1969m2.

In addition to construction of the new building, the original centre has undergone a "cosmetic external facelift" inclusive of car park resurfacing and remarking of car bays. This work has improved the external appearance of the centre with fascia upgrade and rendering etc.


Current tenants include:

- BANKWEST ATM
- BLUFF POINT DELI
- LAUNDRY
- VACANT POTENTIAL ( 330 METRES SQ )
- GEARING BUTCHERS
- BLUFF POINT DOCTOR SUR
- ORIGIN INDIA
- NOODLE KING
- POST,LOTTO NEWSAGENT
- TERRY WHITE CHEMIST
- CONCEPT HAIR /BEAUTY
- VACANT POTENTIAL (102 METRES SQ)
- MUZZ BUZZ

If you would like any further information, please send through an enquiry.

Contact The Owner

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