Perth Area New Shopping Centre Developments
- Thread starter davu
- Start date
Davu, in addition to my response to this question in another thread, do you have a preference on area, size of shopping centre, types of anchors etc?
Yea I re did the same question as totally missed this section of the thread thought it was more suited here.
Im looking at establishing medical practice in a reasonably new suburb in Perth so kind of looking at new shopping centre and possible hoping council would have certain areas "across" the road listed as commercial and grab a bargain.
Area that I'm targeting at would be reasonable income, not low socio, mainly people with private health so you looking at 80k+ earners/families.
Just interested to see what was in the pipeline for shopping centre establishments already/expected to be complete.
So, lemme get this right...
You're looking for either a block to develop, or something that has already been developed, opposite a new complex, in a new suburb, with well to do clientele, in an upmarket demographic, and you're looking to purchase all of this for a screaming bargain....
Does anyone in Perth earn less than $80K pa?
No, some earn less than 50k 
Ah, Colin now knows a few earning less than 50k ( and trying to buy 5th IP, it's a tough life being a MB)
Yes there is some crafty ones out there
Ah, Colin now knows a few earning less than 50k ( and trying to buy 5th IP, it's a tough life being a MB)
That's only what they declare.
nurses.
a new estate, new shopping centre, high earners, private health insurance.
maybe somewhere like dunsborough?
Not a bargain...I'm looking for something that suits and willing to pay
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Haha reason why I say 80k was because of the medicare surplus so I'm assuming ppl on higher income would have private health covers
I'd also consider established areas with high populations over 60yo - they clog up my medical centre and it doesn't matter how much you earn you can't get an appt to save your life!
My local medical centre was originally a house that was converted from residential to medical practise zoning by application to council. So don't forget to think outside the square if you find an area which is suitable.
My other medical centre is at the bottom of a set of flats in the commercial part. Their bread and butter is Hi Viz specials (workplace medicals/fitness for duty) and local residents.
Your best bet is to talk to local councils and find what 'local activity centres' are planned for the new estates. Most new estates are outer outer though and therefore cheaper and might not earn as much as established area residents.
My local medical centre was originally a house that was converted from residential to medical practise zoning by application to council. So don't forget to think outside the square if you find an area which is suitable.
My other medical centre is at the bottom of a set of flats in the commercial part. Their bread and butter is Hi Viz specials (workplace medicals/fitness for duty) and local residents.
Your best bet is to talk to local councils and find what 'local activity centres' are planned for the new estates. Most new estates are outer outer though and therefore cheaper and might not earn as much as established area residents.
Savvy ones, ColinYes there is some crafty ones out there
I meant PAYG earners, not the self employed onesThat's only what they declare.
(DINK status makes a difference though) And there are budgets frugal enough to make Kathryn feel ashamed of her spendings Medical professionals hate converted buildings. Specific designed premises suited to a medical practice are vastly superior to cramming a surgery into an old house.
Conversion is an option though or demolition and rebuilt a purpose built.
There are a number of swanky medical places going up on the streets surrounding Karrinyup shopping centre where the developers/owners have applied for a change of zoning then demolished the house(s) and built specifically designed premises.
I was just pointing out the option that there might be some 'bargains' if buying at residential rates, getting new zoning and then doing a medical centre.
You call that risk. If it pays off great, if not you have a house.
I think it would be worth looking at established areas that are rejuvenating/creating a main Street. Old Perth Road, Bassendean is one but I think the cheapest property/land I've seen is around $800,000. I'm not up-to date with Morley, but I think that would be worth looking into. Still reasonable prices. Ashfield is suppose to be creating a Main Street/Town Centre along Coulston Road and Pearson Street, parts Guildford Road. Sounds like its a long way off though.
