6 Chisham Avenue, Kwinana Town Centre
6 Chisham Avenue was purchased in 2011. The trust was formed with the intention of acquiring this single asset based on its prominence in Kwinana Town Centre with anticipated growth, diversified income and potential capital growth.
6 Chisham Avenue, Kwinana Town Centre, Western Australia
The Property
Located in the heart of Kwinana Town Centre, the main commercial and retail precinct for the region, the property comprises two distinct improvements: a two-level mixed-use retail and commercial building fronting Chisham Avenue, and an adjoining service station. The development is positioned adjacent to Kwinana Marketplace Shopping Centre, which houses major supermarkets including Woolworths, Coles, and ALDI, alongside diverse specialty retailers.
The City of Kwinana is one of Western Australia’s fastest-growing local government areas, with a population of approximately 54,700 in 2024 and forecast growth to 86,000 by 2046. The regions growth has been driven by industrial expansion and residential development.
The Investment Opportunity
Sullivan Property Consultants established this syndicate as a single property unit trust with active management and direct co-investment. Key features of this investment include:
- Mixed-use income stream – The property provides diversified income from various retail and service station operation, offering income stability across different economic cycles.
- Strategic town centre location – Positioned in the established heart of Kwinana’s retail precinct with immediate adjacency to the region’s primary shopping centre, benefiting from substantial foot traffic and accessibility.
- Growth region fundamentals – The property benefits from Kwinana’s exceptional population growth and ongoing urban development, supporting long-term rental demand and capital appreciation potential.
Sullivan Property Consultants and related entities maintain an equity position in this syndicate alongside all investors, and upon eventual sale considerable capital growth will allow surplus funds to be distributed to all investors.
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