
160-168 Beach Road Noarlunga Centre
160-168 Beach Road, Noarlunga Centre, SA, 5168, AU
4,127 ㎡
JLL Retail Investments is pleased to present for sale, Dan Murphy’s Gawler, a high-profile retail main street freestanding investment opportunity, just 38km* from the Adelaide CBD.
Underpinned by Australia’s largest retail liquor operator, Endeavour Group Ltd (ASX: EDV), the 4,025sqm landholding features strategic dual street frontages, situated in the heart of the historic metropolitan township of Gawler.
Key details of the opportunity include:
+ A near-new, latest generation Dan Murphy’s store
+ Long-term 15-Year lease with favourable 10-Year option periods
+ Leased to blue-chip ASX listed tenant – Endeavour Group (ASX: EDV).
+ Nearing the turnover threshold for paying additional percentage rent
+ Gawler’s population is growing 30.7% faster than the state average^, and 10,000+ projected new dwellings by 2050.
+ Tenant responsible for paying all increases in statutory outgoings charges
+ Newly constructed in 2016, the property provides the potential for significant depreciation benefits
+ Significant cost savings with no stamp duty payable on commercial conveyances in South Australia
Dan Murphy’s Gawler is For Sale by Expressions of Interest closing on Wednesday 4 June at 3:00pm (ACST).
For more information or to arrange an inspection, please contact the exclusive selling agents.
Ben Parkinson | 0407 710 389
Jack O’Leary | 0430 963 960
Tom Noonan | 0402 319 698
*approx.
^Source: Forecast.id (id.com.au)