Manjimup retail centre hits market with long-term anchor tenants

A retail investment opportunity in Manjimup, Western Australia, is expected to attract strong interest from investors when it officially comes to market this week.

Located 307 kilometres south of Perth, the property comprises three buildings with a total lettable area of 2,194 square metres.

The centre is anchored by national retailers The Reject Shop and RSM International Ltd, along with complementary specialty tenants.

Colliers State Chief Executive Richard Cash and Executive of Investment Services Aidan Austen have been appointed to sell the property.

Mr Cash highlighted the investment’s appeal, saying: “The opportunity to purchase a tenanted investment with long-term leases presents an ideal entry-level commercial investment opportunity.”

He noted the property’s location in a thriving area of WA’s south-west region offers stability and growth potential.

Mr Austen emphasized the recent lease renewals of anchor tenants RSM and The Reject Shop, saying this “has positioned the property as an attractive acquisition for buyers focused on returns.”

The Reject Shop is an ASX-listed company with over 380 stores nationwide, while RSM International Ltd is a multinational accounting firm network.

Manjimup, described as a “Super Town”, is a significant regional hub known for its contributions to Western Australia’s agricultural sector and tourism industry.

The property will be offered for sale via an ‘Offers Invited’ process starting from $2,200,000.

Colliers expects the centre’s long-term tenant security, strategic location, and the area’s economic strength to drive investor interest in this commercial opportunity.