High Profile Neighbourhood Centre In Popular Tourist Precinct!

Highlights

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

Description

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!