Trinity Village Shopping Centre Alkimos Arrives to market as confidence strengthens in the WA property market.

Colliers, on behalf of our valued client, are pleased to announce the arrival of Trinity Village Shopping Centre in Alkimos for sale next week.

Colliers State Chief Executive WA, Richard Cash, as exclusive selling agent, brings to market a contemporary Coles anchored neighbourhood shopping centre in Perth’s Northern Coastal Growth Corridor.

Trinity Village Shopping Centre is the first modern centre to be offered to market in Western Australia this year, making it a fantastic opportunity to purchase a securely leased investment in one of Perth’s fastest growing catchment areas.

Mr Richard Cash said “this is an exceptional chance to acquire Trinity Village Shopping Centre, boasting a solid foundation anchored by a lengthy lease agreement with Coles, a publicly listed ASX company. The centre also features a petrol station, convenience store, and childcare centre, accompanied by a diverse range of tenants, including service providers, medical facilities, and food and beverage outlets, all contributing to a robust income growth outlook.”

Trinity Village Shopping Centre is located on a major arterial road network with four street frontages including Marmion Avenue and only 14km north from the satellite city of Joondalup.

With excellent connectivity via the Mitchell Freeway and north metropolitan train line makes the centre a hub of activity. The Alkimos – Eglinton population is anticipated to grow by 7.8% per annum between 2022 and 2031 which is significantly higher than the Greater Perth benchmark of 1.6% per annum (GapMaps).

Mr Cash said “Transactional activity in the sector is building with Woodvale Boulevard Shopping Centre recently acquired for a substantial $36.5 million. The recent surge in sales volume within the Australian neighbourhood shopping centre sector underscores its remarkable resilience and its capacity to serve a broader spectrum of needs beyond its initial intent.

“Investors are increasingly attracted to the dependable cash flow generated by anchor tenants and mini major tenants, further reinforcing the sector's robust appeal.”

Trinity Village is being offered For Sale via an International Expressions of Interest campaign closing Wednesday 25 of October 2023 at 2:00pm (AWST).

To request a copy of the Information Memorandum please contact the marketing agent Mr Richard Cash of Colliers via the contact details below. 

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Trinity Village Shopping Centre Alkimos for sale exclusively by Colliers State Chief Executive WA Richard Cash.