SECURELY LEASED INVESTMENT OPPORTUNITY

Description

Situated between Estuary and Ocean in the fast growing City of Mandurah, Falcon enjoys both strong ongoing population growth and heavy tourist visitation.

A sound mix of health service providers and retail food outlets provides a fantastic diversity and security of rental income catering well for the vibrant Falcon residential and tourist area.

A modern retail and service centre of 1,808 square metres NLA with 11 tenancies situated on a huge 6,977 square metre site with a broad high exposure frontage to busy Old Coast Road. In excess of 22,000 vehicles pass daily and every tenancy has direct road exposure.

Key tenants includes:- Falcon Grove Medical Centre with Clinipath Pathology, Falcon Grove Pharmacy, Origin Family Chiropractic, Falcon Grove Veterinary Centre.

Catering for casual dining and visiting tourists is the fabulous Miami Bakehouse and Thai and Chinese Restaurants. Net income is approximately $484,000.00 p.a.

Please contact Bruce Porter for further confidential detail.