CBRE is pleased to offer to the market this freestanding Coles & Liquorland located at 246 Guildford Road, Maylands (Perth) WA for sale via Private Treaty. This opportunity has the following key highlights:
+ 10 year lease to 2031 plus 2 x 10 year options to 2051
+ 100% leased to Coles Group (ASX: COL): one of Australia’s leading retailers with a $28 billion market cap, 1,800 retail outlets and employing more than 120,000 employees**
+ Irreplaceable 9,036sqm* metro site with high underlying land value & over 278m* of triple street frontage
+ Rare landlord friendly land and building lease structure, tenant responsible for all council rates, water rates, land tax, general repairs and maintenance of both the building and all external areas
+ Guildford Road: major Perth arterial that see’s over 10 million vehicles annually***
+ Activity Centre Zoning allowing for potential future multi-storey development (STCA)****
+ 3,133sqm* full-line Coles & Liquorland with 151 at grade car spaces
+ Important dual street ingress and egress via Falkirk Avenue & Caledonian Avenue
+ Strong Catchment
– $248 million in total spending on food & groceries & liquor*****
+ Strategically located in close proximity to McDonald’s, KFC, Salvos, Maylands Park Shopping Centre, Maylands Library, Maylands Commercial Centre & Maylands Train Station
+ Strong income growth potential with Coles imminent to reach turnover threshold
+ Maylands: 4km* from Perth CBD with median house price up 22% in the past 12 months
+ Net Income: $986,396 pa* + GST For Sale via Private Treaty.
Please contact the exclusively appointed sales team for more information.
*Approx **colesgroup.com.au ***Main Road WA **** Subject to Council Approval *****Gapmaps