Leased! 22 Prowse Street, West Perth

Porter Commercial have successfully leased the ground floor of this two-level office building situated within the small pocket of West Perth, North of Wellington Street.

The property enjoys an attractive outlook being situated adjacent to well established park lands. West Perth is presently heavily oversupplied, however the properties functional layout, excellent levels of natural lighting and the landlords willingness to assist with alterations were key factors in securing this national tenant.

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Leased! 876 Albany Hwy, East Victoria Park

Porter Commercial recently finalised negotiations with national food chain “Salsa’s”, a member of the Retail Zoo group, who also operate Boost Juice. Generally Salsa’s are known for their food court prescence, however their new East Victoria Park store sees the food chain expand into a retail strip locality. The Albany Highway precinct through East Victoria Park continues to gain popularity with the likes of Grill’d burgers, San Churros and now Salsa’s operating along the strip, along with many local restaurants and espresso bars.

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Shopping Centre Yields Trending Down

A lack of confidence in the stock market and low returns available from traditional banking deposits has seen a significant move of investment capital either directly or indirectly towards retail investment property.

Retail property has proven to be largely recession proof and offers Investors comparatively healthy returns.

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