|Address||5 Clayton Street, Midland|
|Net Passing Income||$2,257,601.00 per annum plus GST (approx.)|
|Major Tenants||Super Amart, Barbeques Galore, Pet Stock & The Outdoor Furniture Specialists|
|Asking Price||Contact the Agent|
|Zoning||"Large Format Retail" under the Midland Redvelopment Scheme 2 by the Metropolitan Redevelopment Authority|
|Expressions of Interest||Closing 4:00pm Thursday 30th of March 2017 (AWST)|
Vend Property is excited to offer 5 Clayton Street, Midland, a freestanding investment opportunity located in the booming Midland Large Format Retail precinct for sale by way of “Expressions of Interest”.
The subject property is located on a corner location and is comprised of six (6) showrooms of which five (5) are occupied by national retailers totaling 9,727 square metres of floor space. The Centre is located alongside the Harvey Norman Centre Midland and Aventus owned Midland Central.
Key Investment Considerations
- Freestanding Large Format Retail Investment
- Land Area: 17,280 square metres
- Five (5) National Retail Tenants
- Gross Lettable Area: 9,727 square metres
- WALE: 4.23 years
- New long term lease to a Government Tenant
- Modern building which presents to a high standard.