1 - 3 Dower Street, Mandurah WA 6210
offers to purchase
Retail
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MANDURAH'S RETAIL CENTRE
Located in the heart of Mandurah's Retail shopping centre and adjoining the Vicinity Group's Mandurah Forum Regional Shopping Centre, this 4,135 m2 lot has a 47-metre street exposure and vehicle access to Dower Street as well as a 27-metre frontage and vehicle access to Mandurah's major commercial strip - Pinjarra Road.
There are two buildings totalling 1,636 m2 of ground floor leaseable space, split into 10 tenancies currently 80% occupied. Tenancies range from just under 100 m2 to just under 300m2 and the leases for the 8 tenants are staggered.
With 57 on site shop front car parking bays there is ample on site parking but also shopper access to additional neighbouring parking.
It's 80 % occupied with an immediate strong cash flow from settlement. For an IM or to discuss the possibilities call the Exclusive Selling Agent Frank Lawrence at Mandurah's leading local Commercial Property Agent H & N Perry on 0412 903375.
Closing date for offers 4.00pm WST Friday March 15 2024
Property features
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Land area
4,135m2
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Floor area
1,636m2
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Air conditioned
Property snapshot by reiwa.com
This commercial property at 1 - 3 Dower Street, Mandurah is listed for sale by Frank Lawrence at H & N Perry.
It has been described by the agent as ‘MANDURAH'S RETAIL CENTRE’.
If you would like to get in touch with Frank Lawrence regarding 1 - 3 Dower Street, Mandurah, please call 08 9538 1822 or contact the agent via email.
Cost breakdown
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Council rates: $431,000 / year
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Water rates: $9,050 / year
