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.
Remember to mention you found this property on CommercialReady
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.
Remember to mention you found this property on CommercialReady
Brighton Village Shopping Centre 6 Kingsbridge Boulevard, Butler, WA, 6036