573 Canning Highway, Alfred Cove WA 6154

RARE SUBURBAN COMMERCIAL INVESTMENT | STRONG VALUE-ADD POTENTIAL

A rare and unique opportunity exist to acquire this modern professional centre with significant value-add capacity!

Positioned within an affluent riverside suburb and prominently fronting Canning Highway, the property comprises a substantial three-storey professional centre with strong existing income, immediate lease-up potential and longer-term repurposing, expansion or higher redevelopment upside.

Set on a 1,428m²* freehold landholding, the modern building provides 967m²* of net lettable area plus common building core amenities, lift access, a generous 31 car bays and additional lock-up garage / storeroom areas.

The property is substantially leased to a mix of professional and service-based tenants, with additional income secured from rooftop telecommunications infrastructure leased to Telstra and Optus. With approximately 396m²* currently vacant, there is a clear opportunity to improve the income.

With a short WALE and existing vacancy, the property also provides a future pathway for owner-occupiers seeking to secure a prominent freehold premises while benefiting from holding income in the interim.

Property Features:
• 1,428m²* freehold landholding
• 967m²* net lettable area
• 1,292m²* gross building area
• Three-storey professional centre with lift access
• 31 marked car bays plus garage / storage areas
• Substantially leased with diversified income stream
• Rooftop telecommunications income from Telstra and Optus
• Approximately 396m²* vacant, providing immediate income upside
• Current net income of $202,046.81pa*
• Potential fully leased net income of $349,278.81pa*
• Short WALE providing future occupation potential
• Centre C4 / Residential zoning with future mixed-use redevelopment potential
• Prominent Canning Highway exposure with rear access

Sale Details:
Offers to Purchase Invited
Closing 4pm AWST, Thursday 11 June 2026

For further information or to arrange an inspection, please contact:

Lachlan Burrows
0499 552 296
[email protected]

Michael Milne
0403 466 603
[email protected]

Tom Jones
0478 771 117
[email protected]

*Approx.