Mandurah Central

327 Mandurah Terrace, Mandurah, Western Australia

The Property

Located on a high-profile corner at the intersection of Mandurah Terrace and Mandurah Road at the northern entrance to Mandurah, this large-format retail centre occupies a prominent site with dual frontage to two major traffic arteries, providing exceptional accessibility. The fully leased property features modern improvements housing a diverse tenant mix including national retailers, with the Mandurah Road frontage now occupied entirely by health-related services.

Mandurah continues to be one of Western Australia’s fastest-growing cities, with a population exceeding 102,000 in 2024 and forecast growth to 116,000 by 2046. The city recorded Australia’s strongest regional population growth over the past two decades, supporting sustained retail demand.

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:

• Consistent income performance – The Trust has delivered investors reliable cash flow throughout the investment period, supported by a diversified multi-tenant structure providing income stability.
• Strategic tenant transition – The property has successfully transitioned to include health-related services occupying the entire Mandurah Road frontage, diversifying income sources and enhancing asset resilience.
• Capital appreciation – Recent independent valuations indicate significant capital growth has been achieved, positioning the investment for strong returns upon eventual sale.

Sullivan Property Consultants and related entities maintain an equity position in this syndicate alongside all investors and are invested in providing consistently strong performance of the asset.