Riverton Forum is a dominant, convenience-based shopping centre situated on a 6.3-hectare prime Perth metropolitan site. The Centre’s extensive everyday needs offering and significant car parking make it the favoured convenience shopping destination in its trade area. The property is easily accessible, situated on the prime arterial corner of High Road and Willeri Drive with exposure to 7.9 million vehicles annually.
Compelling acquisition metrics presenting a deep value investment opportunity – forecast to deliver strong average distribution yield of 7.0% p.a. and total return of 13% p.a.
Elanor’s value add proposition includes potential from divesting non-core, freestanding pad-sites on favourable exit values, as well as capitalising on the emerging demographic by remixing discretionary fashion and accessories tenants to fresh and Asian food tenancies.