G3//18 Ogilvie Road, Mount Pleasant WA 6153

This ground floor retail suite represents a compelling investment opportunity within the eminent Cirque Duet mixed-use development in Mount Pleasant. Boasting a generous 244 square meters of contemporary retail space, this modern unit combines premium design with a strategic location to ensure consistent tenant demand and robust rental returns.

The property's strong appeal is underpinned by its secure 8-year lease with Street Eats Mt Pleasant, a well-established operator delivering international street food flavours. The long-term lease, commencing in February 2026, paired with fixed 4% annual rent reviews, provides a reliable income stream with built-in escalation. This stability is enhanced by tenant guarantees and the security of a bank guarantee, addressing investor concerns of risk.

The suite benefits from an exclusive parking bay, a valued asset in a high-foot-traffic precinct with ample additional public parking nearby. Positioned directly below a residential tower of 93 luxury apartments, the location provides captive local market exposure supplemented by nearby businesses and amenities such as Woolworths, Raffles Hotel, and key transport infrastructure including the Mitchell Freeway on-ramp and Canning Bridge Station.

Occupying a brand-new unit within an architecturally distinguished development, it offers significant depreciation advantages and modern infrastructure. The design and quality of the Cirque Duet development complement the tenancy, contributing to asset longevity and appeal.

• 244 sqm of prime retail/commercial floor space.
• High-end fit-out aligned with a reputable tenant.
• Exclusive parking bay usage and plentiful surrounding parking options.
• Strong lease terms with indexed rental increases ensuring sustained income growth.
• Strategic positioning in a growing commercial and residential hub.

For investors seeking a stable, long-term retail asset with a quality tenant in a vibrant and accessible location, this property offers a balanced blend of income security and growth potential. Its proximity to essential amenities and transport links adds functional advantages that underpin its investment credentials.