Wellard Square, 1 The Strand, Wellard, WA 6170

Cygnet West exclusively presents Wellard Square to the market, offering the opportunity to acquire an established Woolworths-anchored neighbourhood shopping centre within Perth’s southern growth corridor. 

Wellard Square comprises 6,022 m²* of lettable area across a substantial two lot 17,847 m²* landholding. The centre is anchored by a 3,010.5m²* Woolworths supermarket and BWS supported by 22 specialty tenancies. The two lots are connected by the activated “The Strand” retail strip, creating a cohesive and pedestrian-friendly retail environment. 

The tenancy mix is weighted to non-discretionary and convenience uses, including Wellard Family Practice, Wizard Pharmacy, Wellard Village Dental, Subway and a broad food and beverage offering. With one 50 m²* vacancy, the centre is 98% occupied and provides immediate leasing and income upside. 

Directly opposite Wellard Train Station, the asset benefits from strong public transport access, 284 at-grade car bays on title and 48 street bays. The surrounding precinct is set to receive further residential development, while AUKUS investment across Kwinana, Henderson and HMAS Stirling provides a favourable long-term growth backdrop. 

KEY INVESTMENT FEATURES: 

• Woolworths 20-year lease through to October 2034 
• Lettable area: 6,022 m²* 
• Site area: 17,847 m²* across two landholdings 
• Occupancy: 98% with one 50 m²* vacancy 
• Estimated fully leased net income: $2,28m* p.a. 
• WALE: 5.4 years* by income and 5.9 years* by area 
• 284 at-grade car bays on title plus 48 street bays 
• Non-discretionary tenancy mix spanning supermarket, medical, pharmacy, services and food and beverage 
 

A 100% interest in Wellard Square is being offered for sale via Offers to Purchase (Going Concern). 

Due diligence material is available on request to the exclusive marketing agents. 


*All figures and areas are approximate. Income and WALE are estimated as at January 2026.