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Dan Murphy's, 328 Bay Road,
Cheltenham, VIC 3192
Shops & Retail
Added today
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Sale - Expression of Interest closing Thu 5 Dec
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Expression of Interest
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Gorman Commercial Real Estate
L1 /415 Riversdale RoadHAWTHORN EAST, VIC 3123
Dan Murphy's, 328 Bay Road
Cheltenham, VIC 3192
Map of Dan Murphy's, 328 Bay Road
Train stations within 5 km of Dan Murphy's, 328 Bay Road, Cheltenham, VIC 3192 Distance Southland Station 752 m Highett Station 872 m Cheltenham Station 1.6 km Moorabbin Station 2.5 km Sandringham Station 3.3 km POWERED BY HERE ©Bus stops within 5 km of Dan Murphy's, 328 Bay Road, Cheltenham, VIC 3192 Distance Hamlet St/Bay Rd (Cheltenham) 68 m Chandros St/Bay Rd (Cheltenham) 76 m Bay RdGraham Rd 169 m Bay Rd/Jack Rd (Cheltenham) 213 m Reserve Rd/Bay Rd (Cheltenham) 240 m POWERED BY HERE ©
POWERED BY HERE ©
FREESTANDING DAN MURPHY’S IN AFFLUENT BAYSIDE LOCATION
- Premium Bayside Location
- Blue chip ASX-listed tenant
- Triple fronted land holding: 3,469 sqm
Gorman Commercial and JLL are pleased to present Dan Murphy’s Cheltenham for Sale by Expressions of Interest.
The asset provides investors with the opportunity to acquire a trophy freehold investment, situated within one of Melbourne’s fastest growing catchments and further underpinned by Australia’s largest retail liquor operator, Endeavour Group.
* Securely leased to blue chip ASX listed tenant – Endeavour Group
* Endeavour Group (ASX:EDV) is a top ASX-50 listed company and Australia’s largest liquor retailer with 1,650 stores
* Income: $666,475 pa + GST + Outgoings
* Ten (10) year lease plus options to 2079
* One of Victoria’s strongest trading Dan Murphy’s stores with history of turnover rent
* Substantial land holding of 3,469sqm plus 63 car spaces including EV charging station
* High exposure location with huge 63 metre frontage to Bay Road, a major thoroughfare with constant traffic flow of 21,000 vehicles per day
* Prime freestanding store of 1,327sqm with modern improvements, recently completed in 2019 with depreciation benefits available
* Three street frontages providing excellent access and egress
Dan Murphy’s Cheltenham is For Sale via Expressions of Interest closing Thursday 5th December at 2:00pm (AEDT).
The asset provides investors with the opportunity to acquire a trophy freehold investment, situated within one of Melbourne’s fastest growing catchments and further underpinned by Australia’s largest retail liquor operator, Endeavour Group.
* Securely leased to blue chip ASX listed tenant – Endeavour Group
* Endeavour Group (ASX:EDV) is a top ASX-50 listed company and Australia’s largest liquor retailer with 1,650 stores
* Income: $666,475 pa + GST + Outgoings
* Ten (10) year lease plus options to 2079
* One of Victoria’s strongest trading Dan Murphy’s stores with history of turnover rent
* Substantial land holding of 3,469sqm plus 63 car spaces including EV charging station
* High exposure location with huge 63 metre frontage to Bay Road, a major thoroughfare with constant traffic flow of 21,000 vehicles per day
* Prime freestanding store of 1,327sqm with modern improvements, recently completed in 2019 with depreciation benefits available
* Three street frontages providing excellent access and egress
Dan Murphy’s Cheltenham is For Sale via Expressions of Interest closing Thursday 5th December at 2:00pm (AEDT).
Property ID: 504732736Last Updated: 8 Nov 2024
Gorman Commercial Real Estate L1 /415 Riversdale Road
HAWTHORN EAST, VIC 3123
HAWTHORN EAST, VIC 3123
JLL - MelbourneLevel 33, 101 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000