215 Campbell Road

Canning Vale WA 6155

+ Immaculate 2024 construction+ Huge 12,306sqm* corner landholding+ Long 8.61 year WALEThe property has the following key highlights:+ Immaculate large format retail centre incorporating Officeworks, Guzman Y Gomez, Red Dot and Tribe Early Learning.+ Officeworks: wholly owned subsidiary of ASX listed Wesfarmers Limited with current market cap of $105.08 Billion. (1)+ Guzman Y Gomez: ASX listed fast food retailer with 250+ restaurants internationally. (2)+ Constructed 2024 providing significant tax benefits with 58% of year 1 rent potentially tax free. (3)+ Long 8.61 year WALE to major global and national retailers plus renowned WA operators.+ Diverse income stream across large format retail, fast food and childcare sectors.+ Majority net leases with tenants paying rates, insurances and land tax.+ Guaranteed income growth via 3%, 2.5% and CPI annual rent increases.+ Huge 12,306sqm* freehold corner landholding with 246 metre* dual frontage and exposure.+ Important 122 on-title sealed and lined car spaces.+ High profile position at corner of busy intersection with 29,855 VPD* via both Ranford Road and Campbell Road. (4)+ Site provides for future 3 lot subdivision STCA allowing for future individual divestment.+ Canning Vale: metro suburb only 17km* south of Perth CBD with median house prices up 11.6% over past 12 months. (5)+ City of Gosnells: fast growing council with population forecast to surge 42.8% by 2046. (6)+ Net Income: $1,302,867pa* + GST (7)