|Address||Lot 7385 The Promenade, Ellenbrook|
|Asking Net Rental||Showroom: $250/sqm - Fast Food: $410/sqm|
|Net Lettable Area||From 100 to 1,800 square metres|
|Car Parking||178 parking bays available (approx.)|
|Outgoings||Estimated at $47.61 per square metre per annum (plus GST)|
|Availability||April / June 2022|
This DA approved development is due for completion by April 2022. Located on the corner of The Promenade and Brookmount Drive, the development benefits from being located directly opposite Bunnings with high visibility to passing traffic and dual access. Access will be directly off The Promenade and is located between two (2) round-abouts. The completed centre will be attractively landscaped and the building will be finished to a high standard, comprising of concrete tilt slab construction, glazed shop fronts and large facias for singage.
Ellenrook is a northeastern suburb of Perth located 21 kilometres from the Perth CBD with access via Tonkin Highway. Ellenbrook was estimated to have a population of over 54,000 people in a 10 minute drive time as at the 2021 Census and the wider catchment.
The subject property will benefit from the newly completed NorthLink WA extension, which is a long term vision to cate for the traffic volumes associated with a further Perth population of 3.5 million people. The Federal and State Government have invested $1.12 billion with construction occurring in three sections:
- Southern Section: Guildford Road to Reid Highway;
- Central Section: Reid Highway to Ellenbrook; and
- Northern Section: Ellenbrook to Muchea.