<b>Excellent Retail Exposure in Prime Suburb with Record Low Retail Vacancy Rates</b><br><br><br>This retail investment opportunity is located in a highly sought-after suburb, offering a prime position and a well-established tenant in the skin and beauty industry. Operating successfully from this location since 2015, the tenant’s long-standing presence underscores the strength of their business and commitment to the area.<br><br>Situated on the vibrant Scarborough Beach Road and Oxford Street retail strip, the property benefits from one of the lowest retail vacancy rates in the Perth metro area, recorded at just 2.22% in 2024 (<a style="color:rgb(44, 123, 208);display:inline;" target="_blank" href="https://issuu.com/raywhitecommercialwa/docs/rwc_perth_retail_strips_september_2024?fr=sODI0NjcyNzU1MzY&amp;utm_campaign=perth-retail-strips-september-2024-&amp;utm_content=click-here-to-read-the-full-report-&amp;utm_medium=email&amp;utm_source=activepipe"><u>RWC Report</u></a>). This scarcity highlights the area’s desirability and consistent demand for retail spaces.<br><br>The property boasts a stylish and high-quality fitout, fully funded by the tenant, demonstrating their dedication to the premises and confidence in the location. ‘Skinfusion on Oxford’ enjoys a prime position within walking distance of its loyal customer base, ensuring convenience and accessibility.<br><br>Located in the affluent suburb of Mount Hawthorn, the property is surrounded by a thriving community where median household incomes exceed the Western Australian and national medians by over 59%. This prosperous demographic underpins the area’s appeal as a destination for premium services and retail offerings, making it a secure and attractive investment opportunity.<br><br><b>What We Like About This Asset</b><br><br>- Established, popular tenant operating from premises since 2015<br>- Property presents in excellent condition<br>- Fitout paid for by tenant &gt; strong commitment to location<br>- Affluent suburb with large customer base in walking distance<br>- Good street exposure<br>- Built around 2005, depreciation benefits are evident<br>- Very low vacancy rate of retail shops at only 2.22% (2024 *RWC Report) &gt; <a style="color:rgb(44, 123, 208);display:inline;" target="_blank" href="https://issuu.com/raywhitecommercialwa/docs/rwc_perth_retail_strips_september_2024?fr=sODI0NjcyNzU1MzY&amp;utm_campaign=perth-retail-strips-september-2024-&amp;utm_content=click-here-to-read-the-full-report-&amp;utm_medium=email&amp;utm_source=activepipe"><u>view here</u></a>