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7 Cheriton Drive, CARRAMAR WA 6031

7 Cheriton Drive, CARRAMAR WA 6031

For Sale

Land: 2ha

Building: 5429m2

Price For Sale PRESTIGE INVESTMENTS
Inspection Inspection by Appointment

General Features

Property Type:

Bedrooms:

Bathrooms:

Land Size: 2ha

Building Size: 5429m2

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DIVERSIFIED ESSENTIAL SERVICES FUND

Prestige Property International is pleased to present the newest division in the company; Prestige Investments.

A DIVERSIFIED PROPERTY FUND SPECIFICALLY INVESTING IN LOCAL NEIGHBOURHOOD SHOPPING CENTRES IN REGIONAL AND SUBURBAN AREAS THROUGHOUT AUSTRALIA. THIS DIVERSIFIED ESSENTIAL SERVICES FUND IS TARGETING A NET RETURN OF 6.75% P.A. PAID MONTHLY.

Carramar Village (WA) Asset Overview:
• A secure income stream with ASX listed Woolworths occupying 60.3% of the gross lettable area.
• Constructed in 2009, Carramar Village is a neighbourhood shopping centre.
• A 3,227sqm supermarket, 15 specialty shops, one kiosk and one ATM
• Net lettable area of 5,353.9sqm.
• The centre benefits from triple street frontage including over 100m frontage to Joondalup drive.
• Exposure to the 34,000* cars which travel along the road each day.

Carnarvon Central (WA) Asset Overview:
• Located in Western Australia, and is the only major shopping centre in the district.
• More than 1 million people travel through the centre each year.
• Importantly it is anchored by a new lease to Woolworths which has a lease for the next 12 years and renewals for the next 35 years.

Yanchep Central (WA) Asset Overview;
• Impressive neighbourhood shopping centre, located in Perth’s thriving northern suburbs.
• The centre is located on the Marmion Avenue
• Anchored by a full-line Woolworths supermarket
• Host of complementary specialty retailers.

Centennial Plaza (NSW) Asset Overview:
• Dominant asset in Cooma, NSW
• Conveniently in the town centre – the gateway to the Snowy Mountains.
• Centennial Plaza is anchored by a 2,500sqm Coles
• Boasts a strong WALE of 5.5YRS.

For a confidential discussion please contact us below on the following details.

Nello Magro
DIRECTOR/LICENSEE
040 88 66 881
nmagro@prestigepg.com.au

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