We are pleased to present to the market the opportunity to acquire a premium retail investment.
Unit 6, 288 Amherst Road is a 391* sqm strata titled unit leased to a long standing tenant for a new term of 6 years commencing 1 July 2020.
Canning Vale Groceries is one of the largest Filipino grocery stores in Perth. It is popular amongst the Filipino community all over Western Australia with some customers travelling long distances to shop for specialist groceries.
Key Features of this property include:
- Passing Income of $92,000 p.a.
- Established retail destination with growing catchment.
- Ample floodlit parking.
- Modern centre, built in 2005.
*Approx
The size of Canning Vale is approximately 25.4 square kilometres. It has 71 parks covering nearly 17.1% of total area. The population of Canning Vale in 2016 was 33059 people. By 2021 the population was 34504 showing a population growth of 4.4% in the area during that time. The predominant age group in Canning Vale is 40-49 years. Households in Canning Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Canning Vale work in a professional occupation.In 2021, 79.30% of the homes in Canning Vale were owner-occupied compared with 81.00% in 2016.
Canning Vale has 13,502 properties. Over the last 5 years, Houses in Canning Vale have seen a 98.26% increase in median value, while Units have seen a 114.17% increase. As at 31 January 2026:
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