Investors have a unique opportunity to acquire a high-yielding leased investment anchored by RSM International Ltd. and The Reject Shop.
A unique leased investment opportunity in the strong agricultural and tourism-based town of Manjimup, is expected to attract strong amounts of interest from local and national buying groups as it formally hits the market later this week.
Manjimup is a significant regional hub in the southwest region of Western Australia, located approximately 307 kilometres south of Perth. The property has been described as a Super Town, highlighting the importance of Manjimup and its significant contribution to the WA economy from an agricultural perspective.
The property comprises of a total lettable of 2,194m²* across the three buildings. The investment is leased to anchor tenants the Reject Shop and RSM International Ltd. with complimenting specialty tenants.
This investment is an outstanding opportunity for a value driven investor to secure a property with a strong blend of tenants serving its surrounding local community and extended catchment.
Colliers State Chief Executive, Richard Cash and Executive of Investment Services, Aidan Austen have been exclusively appointed to sell the property.
Mr Cash said “The opportunity to purchase a tenanted investment with long-term leases presents an ideal entry-level commercial investment opportunity. Located in a thriving and robust area in WA’s south-west region, this property offers stability and growth potential. Additionally, the property’s strategic location in a vibrant community further enhances its appeal, promising sustained demand and value appreciation over time.”
Mr Austen said “The recent renewal of leases to anchor tenants RSM and The Reject Shop has positioned the property as an attractive acquisition for buyers focused on returns. The long-term security provided by these renewed leases enhances the property’s investment appeal, ensuring a stable and predictable income stream. This makes it an ideal opportunity for investors seeking a reliable and profitable addition to their portfolio. The presence of well-established tenants further underscores the property’s value, promising sustained occupancy and financial performance in a thriving market.”
The Reject Shop is an ASX listed covenant with over 380 stores in its national network. RSM International Ltd. is a multinational network of accounting firms forming the sixth-largest accountancy professional services network in the world.
The property will be offered for sale via an ‘Offers Invited’ from $2,200,000 which launches to market week.
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