130 Semaphore Road, Exeter, SA, 5019

Knight Frank is pleased to exclusively present Star Liquor Semaphore at 130 Semaphore Road, Exeter for sale by Public Auction.

Positioned along one of Adelaide’s most recognised coastal thoroughfares, this securely leased retail investment provides the opportunity to acquire a prominent Semaphore Road property underpinned by a brand-new 10-year lease to Star Hotel Group.

Investors will benefit from a secure net income stream with annual CPI growth, while retaining ownership of a substantial 566 sqm* landholding within the tightly held broader Semaphore precinct.

Star Group is one of Australia’s largest independently owned and operated hospitality and liquor retail groups, with a growing portfolio comprising more than 120 liquor outlets and 56 licensed venues across Australia.^

Key Investment Features

• Brand-new 10-year lease to October 2035

• Leased to Star Hotel Group, one of Australia’s largest independently owned hospitality and liquor retail groups

• Star Group operates more than 120 liquor outlets and 56 licensed venues across Australia**

• Secure estimated net income of $99,680 per annum* plus GST

• Annual CPI rent reviews, providing ongoing income growth

• Tenant responsible for all property outgoings excluding land tax

• Prominent 566 sqm* landholding with approximately 11.3 metres* of frontage to Semaphore Road

• Valuable on-site parking for six vehicles

• 100% occupied by the established Star Liquor Semaphore

• Strategically positioned within the broader Semaphore Road retail and lifestyle precinct

• Convenient access to Semaphore Beach, Port Adelaide and the surrounding $25 million dollar Semaphore Foreshore Redevelopment

• Offered to the market for the first time in 44 years

• No stamp duty payable on commercial property transactions in South Australia

130 Semaphore Road, Exeter is offered for sale by Public Auction, to be held on-site on Friday, 4 September at 11:00am (ACST).

For further information or to arrange an inspection, please contact the exclusively listed agents at Knight Frank.

*Approx.

^Star Group

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