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Dan Murphy's, 288-292 Whitehorse Road, Balwyn, VIC, 3103

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Dan Murphy's, 288-292 Whitehorse Road, Balwyn, VIC, 3103

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Dan Murphy's, 288-292 Whitehorse Road, Balwyn, VIC, 3103

Balwyn

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Dan Murphy's, 288-292 Whitehorse Road, Balwyn, VIC, 3103

Dan Murphy's, 288-292 Whitehorse Road, Balwyn, VIC, 3103

Properties / Sold / Victoria / Balwyn
Tenanted Investment
Selling Method
EOI
Selling Details
Closing Thursday 17th October 2024 at 3:00pm (AEDT)
Land Area
687 m² (*approx)
Floor Area
478 m² (*approx)
Property Type
Retail
Sub-type
Large Format
Terms
10 year lease term to December 2032 plus options to 2047 with rare CPI annual increases
Est. Income
$537,728 p/a
Fully Leased
Dan Murphy’s
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RARE DAN MURPHY’S TROPHY INVESTMENT OPPOSITE WOOLWORTHS
  • Secure 10 year lease with CPI increases
  • Blue chip ASX-listed tenant
  • Net Income: $537,728 pa + GST

Gorman Commercial and Stonebridge Property Group are pleased to present Dan Murphy’s Balwyn, a high-profile retail corner investment opportunity, in the heart of one of Melbourne’s affluent inner eastern suburbs, Balwyn.

The asset is underpinned by a long 10 year lease term, with further options through to 2047, to Endeavour Group — a blue chip ASX-listed liquor retailer with a market capitalisation of $9.04 Bn. Trading as Dan Murphy’s, the location is part of a network of 273+ stores nationally, cementing the business as one of Australia’s most recognisable liquor retailers.

Investment Highlights:

* 10 year lease term to December 2032 plus options to 2047 with rare CPI annual increases

* Super prime 687 sqm* Commercial 1 zoned, corner landholding with 75m* frontage

* High quality building and fit out recently completed providing significant depreciation benefits

* High profile Whitehorse Road, Balwyn corner location literally opposite a substantial Woolworths Supermarket

* Estimated net income $537,728 pa + GST (as at 16-Dec-24)

Dan Murphy’s Balwyn is For Sale via Expressions of Interest closing Thursday 17th October 2024 at 3:00pm (AEDT).

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Gorman Commercial:

Jonathon McCormack 0418 835 885

Peter Bremner 0412 326 942

Stonebridge Property Group:

Rorey James 0439 400 081

Kevin Tong 0422 848 818

*approx.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

288-292 Whitehorse Road Investment Summary

Property Type
Retail
Sub-type
Large Format
Est. Income
$537,728 p/a
Tenant
Dan Murphy’s
Terms
10 year lease term to December 2032 plus options to 2047 with rare CPI annual increases
Land Area
687 m² (*approx)
Floor Area
478 m² (*approx)
Selling Method
EOI
EOI Closing Date
17 Oct 2024 03:00PM
Selling Details
Closing Thursday 17th October 2024 at 3:00pm (AEDT)

Investment Highlights

RARE DAN MURPHY’S TROPHY INVESTMENT OPPOSITE WOOLWORTHS
  • Secure 10 year lease with CPI increases
  • Blue chip ASX-listed tenant
  • Net Income: $537,728 pa + GST

Gorman Commercial and Stonebridge Property Group are pleased to present Dan Murphy’s Balwyn, a high-profile retail corner investment opportunity, in the heart of one of Melbourne’s affluent inner eastern suburbs, Balwyn.

The asset is underpinned by a long 10 year lease term, with further options through to 2047, to Endeavour Group — a blue chip ASX-listed liquor retailer with a market capitalisation of $9.04 Bn. Trading as Dan Murphy’s, the location is part of a network of 273+ stores nationally, cementing the business as one of Australia’s most recognisable liquor retailers.

Investment Highlights:

* 10 year lease term to December 2032 plus options to 2047 with rare CPI annual increases

* Super prime 687 sqm* Commercial 1 zoned, corner landholding with 75m* frontage

* High quality building and fit out recently completed providing significant depreciation benefits

* High profile Whitehorse Road, Balwyn corner location literally opposite a substantial Woolworths Supermarket

* Estimated net income $537,728 pa + GST (as at 16-Dec-24)

Dan Murphy’s Balwyn is For Sale via Expressions of Interest closing Thursday 17th October 2024 at 3:00pm (AEDT).

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Gorman Commercial:

Jonathon McCormack 0418 835 885

Peter Bremner 0412 326 942

Stonebridge Property Group:

Rorey James 0439 400 081

Kevin Tong 0422 848 818

*approx.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

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Dan Murphy's, 288-292 Whitehorse Road, Balwyn, VIC, 3103

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Property Location of Dan Murphy's, 288-292 Whitehorse Road, Balwyn, VIC, 3103

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Dan Murphy's, 288-292 Whitehorse Road, Balwyn, VIC, 3103 Balwyn
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