// News
AsheMorgan Acquires Joondalup Gate, a Landmark Retail Asset in Perth’s Northern Growth Corridor
AsheMorgan is pleased to confirm the acquisition of Joondalup Gate, a prominent large format retail centre located in one of Perth’s fastest-growing urban corridors, approximately 25km north of the CBD.
Positioned along Joondalup Drive, the asset benefits from exceptional exposure, high traffic volumes and strategic proximity to major retail, transport and health infrastructure. Joondalup Gate services a broad and expanding catchment and is a well-established retail destination in the northern suburbs.
This latest acquisition reflects AsheMorgan’s continued commitment to investing in urban growth corridors with strong underlying land value and long-term income potential.
Joondalup Gate, Perth WA
Located within the Joondalup City Centre, the property comprises a large format retail complex with multiple tenancies and extensive frontage to Joondalup Drive and the Mitchell Freeway. The centre benefits from strong regional accessibility and is adjacent to Edgewater Train Station.
Investment Highlights:
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High-profile large format retail centre in a major metropolitan hub
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Significant double-exposure to Joondalup Drive and Mitchell Freeway, with strong daily traffic flow
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Established national and chain retailers across a diversified tenancy mix
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Excellent site accessibility with multiple entrances, customer parking, and strong visibility
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Located in a catchment with strong population growth and robust consumer demand
For more information about AsheMorgan’s industrial platform or capital partnership opportunities, please click here to get in touch with our team.