ProProperty Group is proud to present an outstanding opportunity to acquire a secure leased investment in the heart of the bustling Wanneroo Road commercial precinct. Unit 6, 386 Wanneroo Road, Westminster is a ground-floor 263sqm strata-titled premises currently leased to a successful and established pizza shop operator, offering a strong and reliable income stream from day one.Positioned directly opposite the high-traffic Northlands Shopping Centre, this asset benefits from exceptional street exposure, excellent signage opportunities, and consistent local footfall-making it a compelling proposition for astute investors seeking a low-maintenance, income-generating commercial property.?? Investment Overview:-Current Rental Income: $36,000 per annum + GST-Outgoings Paid by Tenant: $12,000 per annum + GST-Total Annual Return: $48,000 + GST-Lease Term: 5 years-Commencement: 01/08/2024-Tenant: D SQUARE PIZZA AND DESSERT-Zoning: Business - City of Stirling-Strata Area: 263sqm-Car Parking: Shared on-site bays-GST Status: All figures stated are exclusive of GST?? Property Features:- Strategically located on a main arterial road with outstanding visibility-Flexible internal configuration suitable for a range of future tenancies (F&B, medical, office, or retail)-Dual bathroom facilities-Air-conditioned interior-High exposure frontage with ample signage opportunities-Situated within a well-maintained mixed-use complex-Strong surrounding demographic with residential density and commercial activity-Excellent access to major transport routes and public transport links?? Location Benefits:Westminster is a vibrant inner-northern suburb of Perth, just 10km from the CBD. This property enjoys:-Direct exposure to Wanneroo Road's high daily traffic counts-Proximity to retail anchors, service stations, and fast-food chains-A growing population and commercial development in the immediate vicinitySurging demand from investors and tenants seeking affordable yet high-yielding assets in close proximity to the Perth CBD?? Secure Your Next InvestmentOpportunities of this calibre in such a prominent location-with a secure lease and strong yield-rarely come to market.For further information, an Information Memorandum, or to arrange a private inspection, contact:Daniel SaadSales & Leasing Executive?? 0449 818 187?? daniel@propropertygroup.com.auProProperty Group | Commercial & Residential Real Estate Specialists
The size of Westminster is approximately 2.3 square kilometres. There are 13 parks, covering nearly 7.3% of the total area. The population of Westminster in 2016 was 6203 people. By 2021 the population was 7042 showing a population growth of 13.5% in the area during that time. The predominant age group in Westminster is 30-39 years. Households in Westminster are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Westminster work in a trades occupation.In 2021, 53.40% of the homes in Westminster were owner-occupied compared with 52.80% in 2016.
Westminster has 4,095 properties. Over the last 5 years, Houses in Westminster have seen a 114.12% increase in median value, while Units have seen a 146.45% increase. As at 30 June 2026:
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