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Stonebridge Property Group - Melbourne

Dan Murphy's, 288-292 Whitehorse Road Balwyn, VIC 3103

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Dan Murphy's, 288-292 Whitehorse Road,
Balwyn, VIC 3103

Shops & Retail

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Stonebridge Property Group - Melbourne
Rorey James
Kevin Tong 汤聪瑜

Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
Stonebridge Property Group - Melbourne
Dan Murphy's, 288-292 Whitehorse Road
Balwyn, VIC 3103

Map of Dan Murphy's, 288-292 Whitehorse Road

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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.

Property ID: 504694180Last Updated: 30 Oct 2024

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