TAB FOR SALE

Cannington TAB

$350,000
Westfield Shopping Centre 1382 Albany Highway Cannington
  • Location: Cannington
  • Ownership: 100%
  • Income Ratio: on application*
  • Annual Commission: on application

Cannington TAB is ideally situated in a high traffic area and to enjoy the growth of the many redevelopments at the shopping centre, Cannington Train Station and the City of Canning, including the recently refurbished Cannington Greyhound race course.

Cannington TAB is already supported by a busy and thriving shopping centre which has finalised the redevelopment and reclaimed the mantle of biggest shopping centre in Western Australia upon completion. This redevelopment is ‘the creation of a one of a kind retail, dining and entertainment destination. The introduction of David Jones has anchored a new fashion mall that is home to more than 60 new stores, a multi-deck carpark, an open-air lifestyle and leisure precinct, a fully refurbished 14-screen Hoyts cinema, and 12 new restaurants’ all within walking distance of the Cannington TAB.

As well as the Carousel redevelopment, the City of Canning also have plans to create a new city centre around Cecil Avenue to the train Station incorporating new residential, retail and commercial opportunities. This will all be on the TAB’s doorstep (Cnr of Cecil Ave and Highway, next to MacDonald’s) increasing the walk by traffic by future residents, shoppers as well as the hundreds of workers employed to undertake these developments in and around Carousel Shopping Centre.

The current owner is excited by the potential growth in the area, however after 35 years as an agent is reluctantly planning for retirement.

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*Based on gross commission minus GST for twelve months prior to listing date. Agency operational costs / casual wages not included.