175 - 179 Mandurah Terrace, Mandurah WA 6210
Offers from $10.5 million (GST Exempt)
Retail
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High Profile Neighbourhood Centre In Popular Tourist Precinct!
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!
Property snapshot by reiwa.com
This commercial property at 175 - 179 Mandurah Terrace, Mandurah is listed for sale by Bruce Porter at Porter Commercial.
It has been described by the agent as ‘High Profile Neighbourhood Centre In Popular Tourist Precinct!’.
If you would like to get in touch with Bruce Porter regarding 175 - 179 Mandurah Terrace, Mandurah, please call 0411 724 499 or contact the agent via email.