A Golden Opportunity in Perth's Commercial Market

Presenting an exceptionally rare investment opportunity in Perth’s thriving northern suburbs. This is your chance to acquire two well-located retail shops in a shopping complex earmarked for future transformation.

The Investment Proposition:
This isn’t just a property purchase; it’s a strategic investment in a precinct with a confirmed upside. The local Council has identified this area for future redevelopment, meaning this purchase offers a dual benefit:

Immediate, Secure Income: Both retail outlets are occupied by secure, paying tenants, providing you with a stable and immediate cash flow from day one.

Future Capital Growth: As the Council progresses its plans to revitalise the Koondoola precinct, the underlying land value of this complex is poised for significant organic growth. You are investing in a property with a built-in appreciation pathway.

Property Highlights:
* Two Tenanted Retail Shops: A double-income generating asset from a single title.
* Strategic Location: Situated at 34 Koondoola Avenue, a key address in a busy local shopping complex.
* Council Redevelopment Plans: The area is slated for future development, creating a unique opportunity for substantial capital gain.
* Motivated Vendor: A genuine chance to secure a prime commercial asset at a negotiable price point.
* High Demand Asset: Opportunities like this, offering both yield and growth, are almost unheard of in today’s competitive Perth market.

The Vision:
The purchaser of this property is not just buying bricks and mortar; they are securing a strategic foothold in a precinct on the cusp of positive change. Enjoy the reliable rental income now, while you wait for the Council’s redevelopment plans to unlock the substantial future value of your investment.

Price & Sale Details:
Sale Method: Offers from $830,000
Vendor’s Position: All serious offers will be considered. There is genuine room to negotiate for the right buyer.
Council Redevelopment Plans: The area is slated for future development, creating a unique opportunity for substantial capital gain.
High Demand Asset: Opportunities like this, offering both yield and growth, are almost unheard of in today’s competitive Perth market.

Contact : Robbie Doyle | Commercial Sales & Leasing Consultant
robbie.doyle@professionalsmc.com.au | 0422 978 478

Property ID: 1388596