Retail for Sale, 7 Cheriton Drive, Northern Suburbs, 6031

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For Sale - Retail

STRONG PERFORMING WOOLWORTHS ANCHORED NEIGHBOURHOOD SHOPPING CENTRE

Highlights

High exposure corner site
Quality tenant mix
Secure income stream

Overview

CBRE is pleased to present Carramar Village for sale as an opportunity to acquire a strong performing Woolworths anchored neighbourhood shopping centre on a high exposure corner site. Anchored a Woolworths supermarket and BWS on a 15-year lease plus options, Carramar Village provides strong income security and a quality mix of specialty tenants including Healius Medical Centre and Priceline Pharmacy. Strategically positioned on the a large 2.08Ha* site on the corner of Joondalup Drive, the centre is conveniently located for a growing catchment and exposed to over 34,000 cars passing each day. There is an additional 1,030sqm* of land to suit a medical centre expansion or childcare centre development. The centre is located within the thriving north eastern growth corridor only 5km* east of the satellite city of Joondalup with a strong 2.7% p.a.* population growth expected until 2031. Carramar Village is for sale via an International Expressions of Interest campaign closing Thursday 5 September 2019 at 3:00pm (AWST). This property forms part of The Diverse Collection portfolio being sold exclusively through CBRE, please click through to our landing page to view all assets within the collection. https://thediversecollection.com.au/ *Approximately

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