Address available on request,
Ingle Farm, SA 5098

- Modern, high traffic sub regional shopping complex, comprising a Kmart discount department store, Coles supermarkets, Best & Less & GO-LO discount variety stores & 85 specialty tenancies, with a total GLA of 27,442sqm (approx.)

- Major landmark site of 9.221ha (approx.), with abundant on-site parking for 1,495 (approx.) cars & convenient access

- Inner Northern Adelaide suburb location, just 13km (approx.) from the Adelaide CBD, with a significant trade area population estimated at 161,890 (approx.) persons & 99,460 (approx.) persons within the main trade area (Source: Pitney Bowes MapInfo)

- Outstanding anchor tenant income security, via long term leases to Kmart (expiry 2021) & Coles (expiry 2021 & expiry 2019), who together with mini majors contribute to 35% (approx.) of the total Centre's gross income

- Attractive in-built specialty income growth featuring annual reviews of 5% p.a. (approx.)

- Immediate opportunities for value add via tenancy remixing & partial refurbishment

- Fully leased net income - $7,223,000 p.a. (approx.)

For further information please contact the exclusive agent:

Simon Rooney - Head of Retail Investments - Australia
Jones Lang LaSalle
Telephone: +61 2 9220 8497
Mobile: 0418 284 680
Email: simon.rooney@ap.jll.com