A rare opportunity to secure a premium, income-producing commercial asset in the heart of Mount Pleasant’s thriving Canning Bridge precinct.
Located on the ground floor of the Cirque on Kishorn development, this 127m² street front strata unit with alfresco seating enjoys prime exposure just meters from the River and within easy reach of the Canning Bridge train station and major arterial routes.
Currently leased to the popular Praline Café & Patisserie, this high-performing tenancy offers strong returns and long-term security with a 5 + 5 year lease commencing in July 2025.
Highlights:
• 127m² retail shop + outdoor seating
• Leased to established café operator
• Returning $52,800 p.a. + Outgoings + GST with annual CPI Reviews
• 5 + 5 year lease from July 2025
• Ground floor, street front of luxury Cirque on Kishorn apartments
• 150m to the river | 500m to train station | easy freeway access
• Strong growth location, surrounded by major new developments and a growing residential base
A secure investment in one of Perth’s most desirable riverside precincts. A standout opportunity for investors seeking quality, stability and future growth potential.
Contact the exclusive agent for further details.
Property Code: 1137
The size of Mount Pleasant is approximately 2.8 square kilometres. There are 12 parks, covering nearly 9.3% of the total area. The population of Mount Pleasant in 2016 was 6684 people. By 2021 the population was 7456 showing a population growth of 11.6% in the area during that time. The predominant age group in Mount Pleasant is 50-59 years. Households in Mount Pleasant are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mount Pleasant work in a professional occupation.In 2021, 75.50% of the homes in Mount Pleasant were owner-occupied compared with 74.30% in 2016.
Mount Pleasant has 4,255 properties. Over the last 5 years, Houses in Mount Pleasant have seen a 76.89% increase in median value, while Units have seen a 63.90% increase. As at 31 May 2026:
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