THE PROPERTY DEVELOPMENT REVIEW
FOR SALE
CLARKSON SHOPPING CENTRE
PERTH | WESTERN AUSTRALIA
Colliers are excited to offer for sale Woolworths Clarkson Shopping Centre, a recently completed Woolworths anchored neighbourhood shopping centre occupying a prominent strategic corner position in Clarkson, 35km north of Perth CBD. Completed in March 2023, Woolworths Clarkson Shopping Centre is a recently revitalised neighbourhood shopping centre, comprising two single level buildings totalling 6,466m 2 anchored by a high performing, full-line Woolworths Supermarket and supported by The Reject Shop, Revo Fitness, a Pharmacy, and five (5) specialty tenants. 95% of the Centre’s GLA is secured by National and/or Chain tenants, offering a highly desirable and defensive convenience-based retail investment. The Centre is serviced by a convenient 312 space on-grade car park with significant shade sail and canopy coverage and an 8 Direct to Boot drive through to provide ultimate consumer convenience.
100% fully leased with Woolworths securing 65% of GLA
New 10-year lease to Woolworths with options until 2084
WALE of 8.78 years (By area) and 8.15 (By income)
Specialty tenants feature 3-5% p.a. rental reviews
35,000* cars pass by the site daily
High barriers of entry to new competing
development opportunities
*Approx.
Expression of Interest closing 2pm (AWST) on Wednesday, 10 April 2024
Exclusive Sales Agents
JAMES WILSON Head of Retail Middle Markets Australia +61 402 079 304 James.Wilson@Colliers.com
RICHARD CASH State Chief Executive Western Australia +61 412 006 949 Richard.Cash@Colliers.com
April / May 2024 – 127
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