OUR PORTFOLIO
Midland Home
Location
4 Clayton Street, Midland, WAMidland Home is located on a prominent 4.2 hectare metropolitan site, 18 kilometres from Perth’s CBD and 6.3 kilometres north-east of
Perth airport.
This centre has a 398 metre frontage to Clayton Street and sits opposite the recently opened St John of God Hospital. Midland Home is therefore well placed to benefit from the expected improved traffic flows and access. This growing urban corridor is forecast to grow at an annual rate of 2% per annum up to a total population of 293,059 people in 2024.
18
TOTAL TENANTS
350
CAR SPACES
98%
NATIONAL RETAILERS
23,000
GLA (M2)
KEY STATISTICS
| Ownership Interest | 100% |
|---|---|
| WALE (yrs) | 3.8 |
| Occupancy (by GLA) | 100% |
| Site Area | 43,000m2 |
| Gross Lettable Area (GLA) | 23,000m2 |
| Number of Retailers | 18 |
| Car Park Spaces | 350 |
| Valuation | $63,000,000 |
|---|---|
| Valuation Date | 30-06-2019 |
| Valuation Type | Internal |
| Capitalisation Rate | 7.25% |
| Total Catchment Population | 238,362 |
| Zoning | LFR |
| Major Retailers | The Good Guys, JB Hi Fi Home, Freedom, Nick Scali, Baby Bunting |
Midland Home
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Development Updates
The development pipeline is a key component of the Aventus portfolio enhancement strategy, focusing on year one returns.
Leasing Opportunities
We are always looking to expand, reposition and revitalise our properties, to add value to tenants and lift the shopping experience.