Prime Freestanding Dan Murphy’s – Brand New 10 Year Lease to ASX Listed Tenant
Dan Murphy's, 150 Camborne Parkway (Perth), Butler, WA 6036
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
For Sale
Contact the Stonebridge Team
Michael Collins
Tom Moreland
Rorey James03 90880055