Colliers are excited to present an opportunity to acquire a Coles anchored Neighbourhood Shopping Centre paying percentage rent. Brighton Village is strategically located in Perth’s high growth northern corridor. Brighton Village is a modern 3,831m² single level neighbourhood centre anchored by a Coles supermarket and supported by six specialty tenants serviced by an on-grade car park providing 201 car spaces. Coles accounts for 73% of GLA and 78% of Income and is currently paying turnover rent. The Centre presents itself as a high-profile offering, featuring secure income growth and minimal management. • Rare 20-year lease (exp. 2033) to Coles • Coles supermarket paying percentage rent • Average specialty rent is 50% below the Urbis benchmark¹ • Fully leased centre with 88% of the gross income and GLA secured by national tenants • Long WALE of more than 7 years by income and GLA • MTA population forecasted to grow by 2.5% pa, more than double the Greater Perth benchmark² Expressions of Interest closing 2.00pm (AWST) on Thursday, 3 April 2025 ¹ Urbis Benchmark 2024 ² Location IQ Trade area analysis – Brighton Village, February 2025 *approx. *all site boundaries and outlines are indicative only.
E-Mail-Anfrage an Colliers - Sydney
Immobilie ID: 504806560