- Opportunity to purchase supermarket business also
- Holding income stream
- Leasing opportunities within centre
The Opportunity
Burgess Rawson are pleased to present to the market this neighbourhood shopping centre as a prime development opportunity with multiple use options.
The 11,255sqm property comprises approximately 3,719sqm* of improvements with 134* car bays. Zoned Commercial there are a variety of uses applicable to the site including residential development, retirement village, medical centre, showrooms and Family Day Care.
Location
The site is just;
- 19km* from Perth CBD
- 750 metres* from Hale Road
- 2.3km* from Tonkin Highway
- 3.6km from Roe Highway
- 11km* from Perth Airport
- 650 metres* from Forrestfield Primary School
- 750 metres* from Coles and Woolworths Shopping Centre
*approx
Title Details
Lot 98 on Plan 402473 Certificate of Title Volume 2874 Folio 207
Land Area
Total 11,255sqm
Planning
The site is zoned Commercial under the City of Kalamunda Local Planning Scheme.
Sale Conditions
The property is offered for sale by Offers Invited
Goods and services Tax
Pending Going Concern
For further information please contact selling agents Luke Randazzo and Rob Selid.
*Approx
The size of Forrestfield is approximately 17.4 square kilometres. There are 22 parks, covering nearly 32.4% of the total area. The population of Forrestfield in 2016 was 12690 people. By 2021 the population was 13181 showing a population growth of 3.9% in the area during that time. The predominant age group in Forrestfield is 30-39 years. Households in Forrestfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forrestfield work in a trades occupation.In 2021, 73.10% of the homes in Forrestfield were owner-occupied compared with 73.30% in 2016.
Forrestfield has 6,514 properties. Over the last 5 years, Houses in Forrestfield have seen a 104.98% increase in median value, while Units have seen a 113.75% increase. As at 30 April 2026:
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