Stonebridge is pleased to present Dan Murphy's Brunswick East, 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, dominant market share and $9.56Bn* market capitalisation
- Prime 2,158 sqm* freehold site with 63 on-site car parks and frontage to Lygon Street, only 5 km* from CBD
- Strong performing location opposite McDonald's
- High profile site in evolving inner Melbourne residential corridor, 150,000+ new residents forecast to 2041
- Convenient location with immediate proximity to tram routes and Brunswick Train Station
- Strategic investment in Australia's fastest growing capital with favourable mixed-use zoning, allowing a multitude of future alternate use
- Liquor Retail – Resilient $11.9Bn* non-discretionary industry servicing 67%+ of population, with strong performing online channels seeing over 13% growth annually
- Net Income - $254,542 pa*^ + GST
Dan Murphy’s Brunswick East is for sale via Expressions of Interest closing Wednesday, 13 March at 3 pm (AEDT).
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
^ Estimated
Property Code: 857