|Address||1345 - 1347 Albany Highway, Cannington|
|Asking Net Rental||$245.00 per square metre (exclusive of GST)|
|Site Area||21,659 square metres|
|Net Lettable Area||From 2,000 to 5,770 square metres|
|Zoning||“City Centre" (Showroom Approved)|
|Car Parking||314 parking bays available on-site|
|Outgoings||Estimated at $61.58 per square metre per annum (plus GST)|
Located directly opposite Perth's largest shopping centre, Westfield Carousel, this former Bunnings Warehouse has become available due to the relocation of Bunnings to a larger store on the southern side of Westfield Carousel.
The existing building comprises 5,000m² with an additional 1,000m² to be built on the North, overlooking the huge carpark and has multiple access points with more to be added by the developer for ease of convenience for customers and deliveries. The building is undergoing a modern upgrade which includes an 18 metre high fascia providing an unsurpassed presence from Albany Highway.
The subject property is located approximately 13 kilometres south from the Perth CBD in the bustling Cannington showroom precinct. The property fronts and is exposed to the main arterial road of Albany Highway which joins Perth City to the eastern suburbs and has direct access off Mason Street from Albany Highway.
The Cannington area has an estimated population of over 183,000 people as at 2020 within a 10 minute drive time catchment, and this is expected to grow to over 194,000 people by 2024. Over 70,000 cars pass the site on a daily basis (Main Roads WA 2018/2019).
The property is strategically located in close proximity to the following:
- Westfield Carousel Shopping Centre
- Nicholson Road and Albany Highway
- Kenwick Link and Albany Highway
- Opposite Bunnings
City of Canning Video (future planning and streetscape design for Cecil Avenue / Richmond Street which borders the subject property): https://www.youtube.com/watch?v=ZRFXl_Xjmhw City of Canning Centre
Structure Plan (highlighting the investments and future planning of the city centre): https://www.canning.wa.gov.au/CanningWebsite/media/Files/Residents/Strategic-Urban-Planning/Strategic-Planning/D18-185800-City-Centre-Activity-Plan-1-56-Web-Version-04122018.pdf