|Address||Proposed Lot 7386 The Promenade, Ellenbrook|
|Asking Net Rental||From $240.00 per square metre (exclusive of GST)|
|Site Area||18,656 square metres|
|Net Lettable Areas||From 350 to 1,400 square metres|
|Zoning||Commercial Enterprise (showroom approved)|
|Car Parking||240 parking bays|
|Outgoings||Estimated at $44.98 per square metre per annum (plus GST)|
This proposed new development is due for completion by late 2020. 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.
The completed centre will be attractively landscaped and the building will be finished to a high standard comprising concrete tilt slab construction, glazed shop fronts and large facias for signage.
Ellenbrook is a northeastern suburb of Perth located 21 kilometres from the CBD and is governed by the City of Swan. Access to Ellenbrook is via Gnangara Road, Main Street and The Promenade.
Ellenbrook has been designed and developed as a self-sustainable community due to its relative isolation and distance from the Perth CBD. Ellenbrook was estimated to have a population of over 39,000 people as at the 2016 Census and the wider catchment area, City of Swan, is estimated to have a population of over 140,000 people as at 2017.
The subject property will benefit from the newly completed NorthLink WA extension which is a long term vision to cater for the traffic volumes associated with a future 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.