Under Contract


Situated just off of Bridge Road, Pooraka lies an outstanding investment opportunity to acquire a neighbourhood shopping centre of grand proportions with 10 shops that are fully tenanted and situated on a large corner site of 2,249 sqm*.

This rare offering enjoys a diverse low-risk income stream that comes with complimenting businesses, specialty shops and most importantly the main “anchor” tenant being Foodworks Supermarket. Freshly line-marked with an abundance of customer car parking as well as rear/side tenant loading dock area/parking, the fully tenanted neighbourhood centre demonstrates a fine example of a sustainable and fully functioning local shopping centre complex.

Features to the property include:

-          Total of $202,548.5* p.a. Gross Rental (Rent and Outgoings Recovered) plus GST

-          Total Lettable Area of 1,059 sqm* distributed over 10 shops

-          Land Area of 2,249 sqm* on Corner Allotment distributed over 15 Certificate of Titles

-          Occupancy Rate of 100% (Fully Tenanted)

-          Zone: Neighbourhood Centre Zone

-          Ample onsite car parking

-          Freshly line-marked with neatly manicured boundary garden

-          Centre Pylon Sign location on corner

 If you would like to inspect the property please contact Pasquale Mastrangelo 0409 465 863 or Nick Mastrangelo 0401 790 753 or Mastracorp Land line 08 8212 0140

* approx

Address 9-29 Desmond Ave, Pooraka
Price $2M - $2.150M
Property Type commercial
Property ID 1751
Category Retail
Land Area 2,249 m2

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Pasquale Mastrangelo photo

Pasquale Mastrangelo

0409 465 863
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Nick Mastrangelo photo

Nick Mastrangelo

0401 790 753
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