Top Performing Freestanding Dan Murphy's - New 10 Year Lease
Dan Murphy's, 52/60 Hutchinson Street, Mount Barker, SA 5251
Stonebridge is pleased to present Dan Murphy's Mount Barker (Adelaide), as part of the national Dan Murphy's & BWS Portfolio, for sale via Immediate Offers to Purchase.
The asset has the following key investment features:
- Brand new 10 year lease to 2034 plus options, with strong income growth potential via low turnover rent threshold
- Dan Murphy’s (Endeavour Group) – Blue chip ASX-listed liquor retailer with 1,700+ locations, dominant market share and $9.56Bn* market capitalisation
- Substantial 4,876 sqm* site, featuring 70 on-site carparks and 315 metre* dual street frontage
- Freestanding, modern tilt panel construction built 2016, providing outstanding depreciation benefits
- Ideally located nearby national retailers Woolworths, ALDI, Kmart, Spotlight, Harvey Norman, JB-Hi-Fi, McDonald’s, KFC & BCF
- Strategically positioned only 1 km* from Princes Highway (17,900+ vehicles daily), connecting Adelaide through Melbourne to Sydney
- Liquor Retail - Resilient $17Bn* non-discretionary industry serving 67% of adult population, lead by retailer Endeavour Group with 2,416 stores nationally and digitally influences over one-third of total drinks sales
- No stamp duty payable
- Net Income - $609,609 pa*^ + GST
Dan Murphy’s Mount Barker is for sale via Immediate Offers to Purchase.
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
^ Estimated
Property Code: 860
For Sale
Contact the Stonebridge team
Michael Collins
Rorey James03 90880055
Tom Moreland