18-20 Murray Street, Gawler, SA, 5118, AU

Dan Murphy's Gawler

Asset Description

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

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