22/639 Beach Road, Warwick WA 6024

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Retail
22/639 Beach Road, Warwick WA 6024

HOYTS Cinemas Warwick

RWC WA are excited to offer to the market HOYTS Cinemas Warwick, a strong performing cinema located in the Warwick Entertainment Precinct.

The property has excellent fundamentals sought by astute investors.

• High profile community precinct - Adjacent to the sub-regional Warwick Grove Shopping Centre, which attracts 4.6million visitors annually with a total trade area encompassing over 105,000 people.

• Community Interaction - Both the Entertainment Precinct and Warwick Grove precincts serve as the primary retail and entertainment destinations for the surrounding catchment, with strong cross-flow of foot traffic.

• Secure Income Stream - Leased to Australia's leading cinema operator HOYTS, providing a strong, defensive income profile with a $677,414 net income and annual rental growth mechanisms.

• Strong demographics of catchment - Household incomes in the catchment are approximately 10 - 15% above the Perth metropolitan average, a strong proportion of professional and dual-income households.

• Direct proximity to Warwick Grove Shopping Centre: Anchored by Woolworths, ALDI, Coles, Kmart, and over 80 specialty retailers, providing a high-volume retail catchment and cross-shopping benefits.

• Surrounding the HOYTS cinema complex are well-established food, beverage, and service operators such as McDonald's, Mochachos, Subway, Zambrero, Baskin-Robbins, Dome Café, Westpac Bank.

To discuss in more detail and to gain access to the Electronic Data Room (EDR) please contact the exclusive selling agents.

Andrew Woodley-Page
0438 939 869
[email protected]

Brett Wilkins
0478 611 168
[email protected]

Property features

  • Floor area 3,735m2
  • Tenure type Tenanted investment

Property snapshot by reiwa.com

This commercial property at 22/639 Beach Road, Warwick is listed for sale by Andrew Woodley-Page and Brett Wilkins at Ray White Commercial (WA).

It has been described by the agent as ‘HOYTS Cinemas Warwick’.

If you would like to get in touch with Andrew Woodley-Page or Brett Wilkins regarding 22/639 Beach Road, Warwick, please call Andrew on 0438 939 869 or call Brett on 0478 611 168, or contact the agent via email.

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