Convert Cash into High Return

119-131 Murray Street, Gawler, South Australia 5118

Retail For Sale

For Sale
Land Area: 1,619.00 m2.    Floor Area: 950.00 m2.    

Description

Colliers International are pleased to present the opportunity to purchase 119-131 Murray Street, Gawler. A strategically located, premium grade 'high street' investment anchored by ASX listed and long standing national tenant Cash Converters.

Key investment considerations include:

• Anchored by ASX: listed tenant Cash Converters, plus publicly listed 'Konekt' and strong local retailer 'Ink Supremacy'

• Fully leased and diversified net income of $173,627* per annum

• Ideally positioned along Gawler's 'high street' being its main retail and commercial hub, sited directly between the CBA and BankSA

• Highly exposed and imposing built form of 950sqm* split between three tenancies across two levels

• Significant site area of 1,619sqm* providing 31m* frontage to Murray Street

• Valuable dual street access connecting to the rear on-site car parking and loading bay

• In the 2016 ABS release, Gawler Council experienced the fastest population growth amongst all of South Australia's local government areas

• A town rapidly evolving, DPTI have allocated $615million* towards electrifying the Gawler Railway (providing direct access to Adelaide CBD) due to be completed in 2020

Colliers International is exclusively appointed to offer for sale 119-131 Murray Street, Gawler by Private Treaty - seeking offers in the range of $2.15 million.

An information memorandum is available upon request.

*approx.

To arrange an inspection or for more information please contact Colliers International as the exclusive selling agents:

Oliver Totani +61 412 808 743
Jack Dyson +61 448 685 593
Tom Isaksson +61 422 154 570

Features

  • High yielding retail investment
  • Anchored by two ASX listed tenants
  • Genuine value add opportunity
  • Significant built form of 950sqm*

Specifications

Council City of Gawler
Zoning Town Centre Historic (Conservation) Policy 17

Map

Open in a new window

Contact Us

Share This Property
For further details, contact:
Close
Saved Properties
Remove All
You have no saved properties. Click the 'save' button associated with a property listing to see it displayed here.