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175 - 179 Mandurah Terrace
Mandurah WA 6210
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175 - 179 Mandurah Terrace Mandurah WA 6210

  • Shop & Retail
  • 2,368 m²
  • For Sale, Offers from $10.5 million (GST Exempt)

High Profile Neighbourhood Centre In Popular Tourist Precinct!

  • Popular neighbourhood centre
  • 8,084 square metre corner site
  • High density development zone

The Sands Shopping Centre is situated on the corner of Mandurah Terrace & Anstruther Road in a vibrant urban location only minutes from the Mandurah City Centre, Mandurah Ocean Marina and the Silver Sands beach. The well-established neighbourhood centre comprises major retail tenants including IGA Supermarket, Wizard Pharmacy and a strong fast-food offering.

The property has a substantial land area of approximately 8,084 square metres. Improvements comprise a single level retail facility featuring a supermarket and 13 specialty stores, with a fully leased net income of $730,706p.a.*

In the longer term, the property represents an exceptional redevelopment opportunity enjoying a high density commercial/residential zone in a popular tourist precinct. The sale of The Sands Shopping Centre offers a rare opportunity to combine sound income with long term capital gain.

For further information contact Porter Commercial today!

Property Highlights

Floor Area2,368 m²
Land Area8,084 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019299754
Category
Last updated  13 Jun 2024
Map for 175 - 179 Mandurah Terrace Mandurah WA 6210

Property Highlights

Floor Area2,368 m²
Land Area8,084 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019299754
Category
Last updated  13 Jun 2024

Co-Agents

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