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Elders Real Estate - Gawler (RLA 288320)

Corner of Reid Street, Tod Street And Jacob Street Gawler, SA 5118

Corner of Reid Street, Tod Street And Jacob Street,
Gawler, SA 5118

Shops & Retail

Price information

Sale

Expressions of Interest - Closing 12th Dec 2024

Key property information

Land area

Floor area

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$563,506

Private inspections

to arrange a private inspection.

Map

Directions

Major Supermarket Investment - Drakes Gawler

Exceptional opportunity to add a blue chip asset to your portfolio, with a long term 10 year + 10 year lease commencing 1 November 2024 to Drakes, Australia's largest independent supermarket operator.

Gawler is one of South Australia's fastest growing areas and is located approximately 44 kilometres north of Adelaide. The broader Gawler region is home to an estimated population close to 50,000 people (2021 Census - ABS) and services a catchment of an estimated 120,000 people (Town of Gawler).

Key features:
- Rental income of $563,506 p.a exc GST
- 10 year lease to Drakes Supermarkets commencing 1 November 2024
- Option to renew the lease for a further 10 years until 2044
- All statutory outgoings payable by tenant including land tax
- Annual CPI rent reviews
- High growth area of Gawler
- Substantial 7618sqm* site area over 6 titles
- 2295sqm* building area
- Newly constructed commercial car park shade structures
- Concrete and bitumen car park for 133 cars


For Sale by Expressions of Interest closing Thursday 12th December 2024 at 4:00 pm.

For further details or to arrange an inspection please contact Jackson Dare 0423 771 6... or Danny Dare 0411 814 1...

All information contained herein is gathered from sources deemed to be reliable. However, we cannot guarantee its accuracy and interested persons should seek their own enquiries.


*approximately

Property ID: 504731672Last Updated: 8 Nov 2024

Elders Real Estate - Gawler (RLA 288320)

37 Murray Street
GAWLER, SA 5118
Elders Real Estate - Gawler (RLA 288320)
Corner of Reid Street, Tod Street And Jacob Street
Gawler, SA 5118

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