11 Bournemouth Crescent

Wembley Downs WA 6019

+ Rarely available generational investment - first time ever offered for sale.+ Multi tenanted neighbourhood shopping centre investment with renewed, long-term leases to nationally and locally recognised tenants.+ Foodies IGA: Well established independent supermarket operator with 8 locations across Perth. (1)+ Terry White Chemmart: Australia's largest pharmacy network, with over 600 community pharmacies nationwide. (2) Notably, there are 19 referring doctors located within 50 metres* of the chemist, reinforcing its strong position within the local healthcare precinct.+ Liquor Barons: Western Australia's only 100% independently owned and operated liquor retail chain, with over 90 stores across the state. (3)+ Lawley's Cafe & Bakery: a renowned Western Australian artisan bakery chain, operating retail and wholesale across Perth with over a dozen locations. (4)+ Long 8.77 Year WALE (29 October 2025) plus landlord favourable net lease terms.+ Highly desirable annual CPI Reviews.+ Irreplaceable Neighbourhood Shopping Centre freehold constructed in 2010, offering significant tax saving depreciation benefits.+ Substantial 3,275 sqm* landholding, supported by a combined 128 on-title and council car parking bays, providing seamless entry to the building.+ Situated within a premier education precinct, the property is surrounded by 17 schools, including Hale School and Newman College, within a 3km* radius, collectively servicing 7,983 full-time students.+ Wembley Downs: an affluent inner-metro suburb located just 10km* north-west of the Perth CBD, with a median house price of $1,894,000 that has surged over 24% in the past 12 months. (6)+ City of Stirling: an estimated population of 249,872 (2024) stands as Western Australia's most populous local government area and ranks 17th nationally. (7)+ Estimated Net Income: $863,581 pa* + GST