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Pelican Plaza Shopping Centre, 1007 North East Road, Ridgehaven, SA, 5097
Ridgehaven
Pelican Plaza Shopping Centre, 1007 North East Road, Ridgehaven, SA, 5097
Ridgehaven
Colliers and LJ Hooker Commercial Adelaide are delighted to offer for sale the Pelican Plaza Shopping Centre for the first time in 20 years*.
Situated approximately 15km* northeast of the Adelaide CBD this convenience-based shopping centre proves astute investors an exciting opportunity to acquire a superb retail investment sited on a land-rich corner site.
Property Highlights:
- 100% leased shopping centre with low average rents
- Land rich investment providing 1.21ha* with 5 street frontages
- Strategic retail location, opposite Westfield Tea Tree Plaza Shopping Centre and adjacent Modbury Hospital Bunnings and Park N Ride providing fast commuter access to Adelaide CBD
- Multiple street crossovers ensuring convenient access for shoppers
- Strong tenancy mix including fast food, medical, banking, services and personal grooming
- Passing net income of $943,920pa*
- WALE 3.1 years* by income
- 153* on grade car parks
- Strong cashflow investment with excellent rental growth prospects
*approximately
This exceptional retail investment opportunity is offered For Sale by National Expressions of Interest closing Thursday 12 March 2026 at 3pm (ACDT).
For further information, or to book an inspection, please contact the exclusive agents.
Remember to mention you found this property on CommercialReady
Colliers and LJ Hooker Commercial Adelaide are delighted to offer for sale the Pelican Plaza Shopping Centre for the first time in 20 years*.
Situated approximately 15km* northeast of the Adelaide CBD this convenience-based shopping centre proves astute investors an exciting opportunity to acquire a superb retail investment sited on a land-rich corner site.
Property Highlights:
- 100% leased shopping centre with low average rents
- Land rich investment providing 1.21ha* with 5 street frontages
- Strategic retail location, opposite Westfield Tea Tree Plaza Shopping Centre and adjacent Modbury Hospital Bunnings and Park N Ride providing fast commuter access to Adelaide CBD
- Multiple street crossovers ensuring convenient access for shoppers
- Strong tenancy mix including fast food, medical, banking, services and personal grooming
- Passing net income of $943,920pa*
- WALE 3.1 years* by income
- 153* on grade car parks
- Strong cashflow investment with excellent rental growth prospects
*approximately
This exceptional retail investment opportunity is offered For Sale by National Expressions of Interest closing Thursday 12 March 2026 at 3pm (ACDT).
For further information, or to book an inspection, please contact the exclusive agents.
Remember to mention you found this property on CommercialReady
Pelican Plaza Shopping Centre, 1007 North East Road, Ridgehaven, SA, 5097
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
