Alkimos shopping centre fetches $33m
Another major shopping centre has sold in Perth’s coastal Alkimos.
Trinity Village courted favour with Harmony Property Investments, the capital partner of MRS Property.
It will be held by the Harmony Property Investments Neighbourhood Retail Fund.
The outlay is $33.074 million.
The seller paid $34.05m in 2019.
The deal comes 10 months since we reported Locus Property and Security Capital Australia acquired the nearby Gateway Alkimos homemaker centre, a supermarket, childcare centre and gym from a syndicate including late developer Victor Vlahos.
On 2.01 hectares, that property fetched $30.01m.
Alkimos is 14 kilometres north of Joondalup.
Trinity Village
Just over 40 kms north of Perth’s CBD, Alkimos Central is the largest planned concentration of employment, business and economic activity between Joondalup and Yanchep, Colliers marketing agents Richard Cash and Aiden Austen said.
Trinity Village sits on a 2.16ha rectangle site at 1 Santorini Promenade at the north east corner of Marmion Avenue, where it is passed by over 23,000 vehicles daily (continues below).
Also exposed to Longstaff Ave and Trethowan Prom, there are 301 car parks.
The complex contains 7361 sqm anchored to Coles, on a 15 year lease with two 10 year options for a 3850 sqm tenancy.
There is also an F45 gym, Keiki childcare centre, medical centre, Burk service station and 15 specialty stores.
The weighted average lease expiry by area is 8.2 years.
Harmony doubles down in outer north Perth
Seven offers came in for Trinity Village, the agents.
Also this week, we reported Harmony paid $32.15m for Carramar Village, also north of Perth but 14 kms closer to town than Alkimos.
That property is also set for the Neighbourhood Retail Fund.
MRS is Adelaide based.
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