22/639 Beach Road

Warwick WA 6024

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 Cafe, 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-Page0438 939 869andrew.woodley-page@raywhite.comBrett Wilkins0478 611 168brett.wilkins@raywhite.com