The Village Margaret River on the market
The centre is anchored by a 3,800sqm Woolworths with other tenants including Red Dot, Just Jeans, Plus Fitness and BWS.
The total site area is 7,233sqm and includes undercroft parking for 204 cars.
The neighbourhood centre, on the corner of Town View Terrace and Wilmott Avenue, has a fully leased net income of $1.55 million and its anchor lease to ASX-listed Woolworths runs until 2034 with four renewal options. It has a fully leased net income of $1.55 million.
Expressions of interest for The Village at Margaret River close on October 11.