For Sale
98m² Ground Floor Leased Freehold Retail Investment
Metier presents an opportunity to secure a modern leased retail investment in the heart of the thriving Canning Bridge precinct.
Located on the ground floor of the luxury ‘Cirque on Kishorn’ apartment development, the 98m² unit offers a premium retail strata asset in a mixed-use project. Completed in 2019, the building comprises 112 apartments, and the site benefits from strong residential and commercial growth in the surrounding area.
The property is leased to the highly regarded Praline Café & Patisserie, owned by an experienced hospitality operator with an additional successful venue in Perth. The lease was recently renewed on a 5-year term commencing 1 July 2025, with a further 5-year option in place.
Investment Highlights:
- 98m² ground floor strata retail premises plus outdoor alfresco area
- Situated within Cirque on Kishorn – luxury apartment complex completed in 2019
- Located in thriving Canning Bridge precinct
- Leased to popular café with strong tenant history and multiple venues
- 5-year lease commenced 1 July 2025 with 5-year option
- Returning $52,800pa plus outgoings and GST
- Less than 150m from the Swan River foreshore
- Less than 500m from Canning Bridge Train Station and transport hub
- High-exposure location with strong foot traffic in an affluent riverside suburb
- Excellent access to Canning Highway and freeway links
- Surrounded by new developments and increasing commercial activity
Note stated areas are approximate.
All enquiries please contact Justin De Giorgio, 0479 095 809, or email justin@metierconsult.com
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