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176 Gorge Road, Newton presents a desirable opportunity to purchase a fully leased retail investment directly adjacent to retail giant Aldi.
Located 11.5 km north east of the Adelaide CBD, the site provides convenience and ample accessibility for customers commuting along Gorge Road. The site offers valuable exposure surrounded by an established affluent residential catchment where the median house price has seen 21% year-on-year growth (REA Group).
We further highlight the investment for consideration:
- Diverse income from 4 tenants
- Net income of $302,528p.a.* (as of December 2025)
- Diverse tenant mix with retail, medical, and office.
- Quality retail improvements of 1,075sqm*
- New built construction with 2019 completion
- Well-exposed site of 1,719sqm*
- 28 total car parks
- Zoned Employment
- Annual lease reviews an attractive mix of CPI, 3% or 4%
- Two larger tenancies present an opportunity to configure into smaller tenancies to drive rental growth in future
The property is for sale via Expressions of Interest (EOI), closing Thursday, 25 September 2025 @ 4pm.
Please contact exclusive agents Leedwell for more information.
* = approximately
Remember to mention you found this property on CommercialReady
176 Gorge Road, Newton presents a desirable opportunity to purchase a fully leased retail investment directly adjacent to retail giant Aldi.
Located 11.5 km north east of the Adelaide CBD, the site provides convenience and ample accessibility for customers commuting along Gorge Road. The site offers valuable exposure surrounded by an established affluent residential catchment where the median house price has seen 21% year-on-year growth (REA Group).
We further highlight the investment for consideration:
- Diverse income from 4 tenants
- Net income of $302,528p.a.* (as of December 2025)
- Diverse tenant mix with retail, medical, and office.
- Quality retail improvements of 1,075sqm*
- New built construction with 2019 completion
- Well-exposed site of 1,719sqm*
- 28 total car parks
- Zoned Employment
- Annual lease reviews an attractive mix of CPI, 3% or 4%
- Two larger tenancies present an opportunity to configure into smaller tenancies to drive rental growth in future
The property is for sale via Expressions of Interest (EOI), closing Thursday, 25 September 2025 @ 4pm.
Please contact exclusive agents Leedwell for more information.
* = approximately
Remember to mention you found this property on CommercialReady
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