Dan Murphy's, 288-292 Whitehorse Road,
Balwyn, VIC 3103
Shops & Retail
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Stonebridge Property Group - Melbourne
Level 19, 627 Chapel StreetSOUTH YARRA, VIC 3141
Dan Murphy's, 288-292 Whitehorse Road
Balwyn, VIC 3103
Map of Dan Murphy's, 288-292 Whitehorse Road
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: 30 Oct 2024
Stonebridge Property Group - MelbourneLevel 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141
Gorman Commercial Real Estate L1 /415 Riversdale Road
HAWTHORN EAST, VIC 3123
HAWTHORN EAST, VIC 3123
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