LARGE FORMAT & RETAIL TENANCIES IN HALLS HEAD WA
The Halls Head Commercial Centre is a new state-of-the-art large format retail development.
Located in the Western Australian suburb of Halls Head, the commercial centre offers prime 125sqm-1,500sqm large format and retail tenancies for lease within the regions well-established and growing retail precinct.
LOCATE YOUR BUSINESS IN
THE CENTRE OF THE ACTION
Part of the City of Mandurah municipality, the Halls Head Commercial Centre is approximately 68km south of the Perth CBD, and 2.5km south-west of the Mandurah CBD.
Located in an active retail and trade precinct, the new commercial centre extends the current retail offerings in this growing region.
Bound by major roads, the Halls Head Commercial Centre offers excellent exposure opportunity with 10,000+ vehicles per day passing by the premise and 40,000+ vehicles per day on arterial roads, including nearby Mandurah Road.
Perfectly positioned, the Halls Head Commercial Centre has been developed to meet the growing needs of the area.
The new development is attracting a mix of tenants from local, state and national retailers looking to upgrade or establish a presence in this fast growing region and tap into the under-serviced large format retail market.
CO-LOCATE WITH ESTABLISHED COMMERCIAL RETAILERS IN A GROWING REGION
Situated next to the established Halls Head Central Shopping Centre, the complex is surrounded by national brands including Bunnings, Coles, Kmart, Aldi, Farmer Jack’s and a number of speciality retailers.
It’s also adjacent to a large established residential catchment providing residents with a one-stop shopping and retail destination.
For Lease
9,200sqm of retail tenancies
Zoned mixed business the development includes three buildings with a Net Lettable Area (NLA) of approximately 9,200sqm which includes 13 full serviced retail tenancies ranging from 125sqm – 1,500sqm plus more than 200 car bays. Construction works are complete with Australian automotive company Repco and Vinnies with Giant Bicycles now retailing.
About the Halls Head Region
The City of Mandurah, including Halls Head, has generated sound population growth and extensive new residential development in recent years. This growth has been aided by affordable housing in the area, its coastal lifestyle and good transport connections to the Perth CBD, including the Kwinana Freeway and metropolitan railway line.
ECONOMIC PROFILE
The Halls Head Commercial Centre will draw patronage from its immediate and surrounding areas.
With major anchor tenants Bunnings, Coles, Kmart, Aldi and Farmer Jack’s located next door, the Halls Head Commercial Centre will enable the retail precinct to grow, support and benefit from one another.
It will also provide a convenient marketplace, improved price point competitiveness on goods and services between retailers and offer a significant economic investment and development opportunity for private investors.
As at the 2021 Census, the population of Mandurah stood at 93,414 persons, having grown by 10,092 people since 2016 at a strong average growth of 2.3% per annum. By 2031 the Halls Head Commercial Centres total catchment area will be 76,400 people and is achieving a 1.9% per annum average growth rate.
Halls Head is within a demographically diverse market dominated by an older population, young couples, and coastal pockets of affluent residents. The Halls Head population also has a higher proportion than Perth of fully owned homes across all catchment areas.
A total of 2,903 new dwellings have been approved within the catchment area over the six years to June 2022. Residential development is planned for multiple sites within proximity of the centre, with the Halls Head Town Centre Precinct Plan designating the adjoining parcels of land directly north of the centre for residential use. Development has also recently commenced at a new estate, Nerimba, located opposite the centre on the south side of Old Coast Road.
In 2021/2022, the average spend on large format retail goods is estimated at $4,530 per capita across the catchment area with a total large format retail spending by catchment area residents estimated at $292.9 million in 2022. Population and spend per capita growth will see the large format market increase to $336.5 million by 2025 and reach $465.8 million by 2031.
Retailers at the Halls Head Commercial Centre can expect the annual large format catchment spend to grow by $172.8 million – at an average rate of 5.3% per annum – over the next nine years.
*Information obtained via the Halls Head Economic Report December 2022 by Deep End Services.
Halls Head Economic Fast Facts
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REGISTER YOUR INTEREST TODAY
To register your interest in leasing a tenancy submit the below form and contact:
Con Passaris
0412 004 374
con@agoraproperty.com.au
Jonathan Kilborn
0404 796 137
jonathan@agoraproperty.com.au
About the developer
Cape Bouvard is one of Australia’s largest private investment companies renowned for setting new benchmarks in residential & commercial buildings.
Disclaimer: Cape Bouvard has made every effort to ensure an accurate lot plan and information has been produced. However, under some circumstances dimensions may be subject to survey and change. The particulars on this website are supplied for information purposes only and the Vendor, its staff and agents accept no responsibility for the accuracy thereof. The appropriate authorities should be consulted for information concerning any service which may be contained within any lot and any building restrictions which may apply. The landscaping and images depicted is indicative only and is subject to local authority approval.
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