Added 7 days ago
Dan Murphy's, 288-292 Whitehorse Road,
Balwyn, VIC 3103
Shops & Retail
Added 7 days ago
Price information
Sale - Expression of Interest closing Thu 17 Oct
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Gorman Commercial Real Estate Pty Ltd
L1 /415 Riversdale RoadHAWTHORN EAST, VIC 3123
Dan Murphy's, 288-292 Whitehorse Road
Balwyn, VIC 3103
Map of Dan Murphy's, 288-292 Whitehorse Road
Train stations within 5 km of Dan Murphy's, 288-292 Whitehorse Road, Balwyn, VIC 3103 Distance Canterbury Station 1.2 km Chatham Station 1.3 km East Camberwell Station 1.9 km Mont Albert Station 2.1 km Riversdale Station 2.4 km POWERED BY HERE ©Tram stops within 5 km of Dan Murphy's, 288-292 Whitehorse Road, Balwyn, VIC 3103 Distance 48-Balwyn Shopping Centre/Whitehorse Rd (Balwyn) 51 m 47-Balwyn Rd/Whitehorse Rd (Balwyn) 154 m 49-Northcote Ave/Whitehorse Rd (Balwyn) 405 m 46-Balwyn Cinema/Whitehorse Rd (Balwyn) 667 m 50-Wharton St/Whitehorse Rd (Surrey Hills) 768 m POWERED BY HERE ©Bus stops within 5 km of Dan Murphy's, 288-292 Whitehorse Road, Balwyn, VIC 3103 Distance Whitehorse Rd/Balwyn Rd (Balwyn) 152 m Fintona Girls School/Balwyn Rd (Balwyn) 317 m Jurang St/Balwyn Rd (Balwyn) 345 m Ellen St/Balwyn Rd (Balwyn) 372 m Yarrbat Ave/Balwyn Rd (Balwyn) 439 m POWERED BY HERE ©
POWERED BY HERE ©
RARE DAN MURPHY’S TROPHY INVESTMENT OPPOSITE WOOLWORTHS
- Secure 10 year lease with CPI increases
- Blue chip ASX-listed tenant
- Net Income: $537,728 pa + GST
Gorman Commercial and Stonebridge Property Group are pleased to present Dan Murphy’s Balwyn, a high-profile retail corner investment opportunity, in the heart of one of Melbourne’s affluent inner eastern suburbs, Balwyn.
The asset is underpinned by a long 10 year lease term, with further options through to 2047, to Endeavour Group — a blue chip ASX-listed liquor retailer with a market capitalisation of $9.04 Bn. Trading as Dan Murphy’s, the location is part of a network of 273+ stores nationally, cementing the business as one of Australia’s most recognisable liquor retailers.
Investment Highlights:
* 10 year lease term to December 2032 plus options to 2047 with rare CPI annual increases
* Super prime 687 sqm* Commercial 1 zoned, corner landholding with 75m* frontage
* High quality building and fit out recently completed providing significant depreciation benefits
* High profile Whitehorse Road, Balwyn corner location literally opposite a substantial Woolworths Supermarket
* Estimated net income $537,728 pa + GST (as at 16-Dec-24)
Dan Murphy’s Balwyn is For Sale via Expressions of Interest closing Thursday 17th October 2024 at 3:00pm (AEDT).
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Gorman Commercial:
Jonathon McCormack 0418 835 8...
Peter Bremner 0412 326 9...
Stonebridge Property Group:
Rorey James 0439 400 0...
Kevin Tong 0422 848 8...
*approx.
The asset is underpinned by a long 10 year lease term, with further options through to 2047, to Endeavour Group — a blue chip ASX-listed liquor retailer with a market capitalisation of $9.04 Bn. Trading as Dan Murphy’s, the location is part of a network of 273+ stores nationally, cementing the business as one of Australia’s most recognisable liquor retailers.
Investment Highlights:
* 10 year lease term to December 2032 plus options to 2047 with rare CPI annual increases
* Super prime 687 sqm* Commercial 1 zoned, corner landholding with 75m* frontage
* High quality building and fit out recently completed providing significant depreciation benefits
* High profile Whitehorse Road, Balwyn corner location literally opposite a substantial Woolworths Supermarket
* Estimated net income $537,728 pa + GST (as at 16-Dec-24)
Dan Murphy’s Balwyn is For Sale via Expressions of Interest closing Thursday 17th October 2024 at 3:00pm (AEDT).
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Gorman Commercial:
Jonathon McCormack 0418 835 8...
Peter Bremner 0412 326 9...
Stonebridge Property Group:
Rorey James 0439 400 0...
Kevin Tong 0422 848 8...
*approx.
Property ID: 504694180Last Updated: 23 Sep 2024
Gorman Commercial Real Estate Pty LtdL1 /415 Riversdale Road
HAWTHORN EAST, VIC 3123
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