// JOONDALUP GATE - PERTH, WA
JOONDALUP GATE
57 Joondalup Drive, Edgewater WA
About
Joondalup Gate is a 24,683sqm large format retail centre situated on a high-profile 6.5ha landholding in Perth’s northern growth corridor. The centre comprises 28 tenancies, including major brands such as Dan Murphy’s, Freedom Furniture, Bounce, and Revo Fitness. Located adjacent to Edgewater Train Station, the property benefits from strong visibility to Joondalup Drive and direct access to major arterials including Mitchell Freeway.
Strategy
The strategy is to unlock rental reversion and enhance value through active leasing, tenancy remixing, and selective development. The centre offers near-term rental upside. Value-add initiatives include development of pad sites, upgrades to signage and landscaping, and repositioning of key tenancies. The northern Perth LFR market is supported by strong population growth, constrained supply and increasing retailer demand.
Key Features
- High-profile 6.5ha site in Perth’s core northern corridor.
- 24,683sqm of GLA, 98% leased across 28 tenancies.
- Anchored by Bounce, Freedom, Revo Fitness, Dan Murphy’s and Keiki Early Learning.
- Excellent connectivity to major road and rail networks.
- Surplus land (6,210sqm) enables future development and flexibility.
- Multiple exit strategies supported by tenancy configuration and zoning.
map