Stonebridge is pleased to present Dan Murphy's Butler (Perth), as part of the national Dan Murphy's & BWS Portfolio, for sale via Expressions of Interest closing Wednesday 13 March at 3 pm (AEDT).
The asset has the following key investment features:
- Brand new 10 year lease to 2034 plus options
- Dan Murphy’s (Endeavour Group) – Blue chip ASX-listed liquor retailer with 1,700+ locations and $9.56Bn* market capitalisation
- Prominent 6,061 sqm* landholding, improved by modern freestanding liquor asset (built 2017) with 83 car parks, offering excellent depreciation benefits
- High profile location boasting 315 metres of dual street frontage on key arterial, only 30 km* to Perth CBD via Mitchell Freeway and Marmion Ave - 63,866+ combined vehicles daily
- Seamlessly integrated into Woolworths anchored Butler Central Shopping Centre, opposite Aldi and nearby major retailers McDonald's KFC, BCF, Supercheap, Rebel, Anaconda and Shell
- Exclusive Dan Murphy's store servicing catchment of 209,000 residents, with population forecast to increase 59% to 320,000 by 2041
- Butler – Situated within the rapidly expanding beachfront City of Wanneroo, local economic output of $8.42 billion pa
- Liquor Retail – Resilient $11.9Bn* non-discretionary segment servicing 67%+ of population, with strong performing online channels seeing over 13% growth annually
- Net Income - $458,253 pa*^ + GST
Dan Murphy’s Butler is for sale via Expressions of Interest closing Wednesday 13 March at 3pm (AEDT).
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
^ Estimated
Property Code: 859