160-168 Beach Road Noarlunga Centre_Property for Sale

160-168 Beach Road, Noarlunga Centre, SA, 5168, AU

160-168 Beach Road Noarlunga Centre

Asset Description

JLL is pleased to present 160-168 Beach Road, Noarlunga Centre for sale by Expression of Interest.

The fully leased asset is anchored by ASX Listed Tenant The Good Guys with Carpet Court, Forty Winks, Wallspan Kitchens, Choices Flooring and Distinctive Blinds generating strong income.

Noarlunga Centre is situated in the City of Onkaparinga, approximately 30 kilometres south of the

Adelaide CBD.

The immediate catchment comprises a range of leading national retailers including Anaconda, Spotlight, Pet Barn, Harvey Norman, BCF, Supercheap Auto and more. 160-168 Beach Road is just 350 metres from dominant regional shopping centre Colonnades - a huge anchor for the area with Coles, Kmart, Big W, JB Hi Fi and more.

The commercial hub of Noarlunga Centre is underpinned by an enormous residential catchment of over 30,000 residents in a 3km radius including approximately 13,000 private dwellings. Accessible by the Southern Expressway, the property is also supported by public transport including bus and train

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Attributes

Building area gross

2,000 m²

Occupancy

100%

Year built

1980

Media

Investment Highlights

We highlight the key advantages of this opportunity below:

Fully leased to national retailers, generating $870,118 net pa*
Significant land holding of 10,120sqm*
Three street frontages with enormous exposure to Beach Road
Situated in commercial and retail precinct just 350m from Colonnades Shopping Centre
Over 18,00 vehicles passing daily
Strong residential catchment of over 30,000 people within 3km*

The property is offered for sale by Expression of Interest, closing at 4pm (ACDT) on Wednesday 15 November 2023