Aston Hills Shopping Centre, 485 Heysen Boulevard, Mount Barker, SA, 5251

Leedwell Property is proud to exclusively present to market, Aston Hills Shopping Centre located at 485 Heysen Boulevard, Mount Barker. Aston Hills Shopping Centre, anchored by iconic South Australian supermarket Drakes, is the centerpiece to the wider Aston Hills masterplanned community set to create a total of 2,200 homes upon completion.

Built and opened in 2023, the construction standard speaks for itself with a modern façade, quality internal mall and efficient access for customers.

We further highlight the below key investment features:

- No stamp duty payable

- Situated in Mount Barker, Adelaide's fastest growing locality 33km from Adelaide CBD

- Mount Barker region is only 25% developed ensuring ongoing catchment growth

- Exceptional Neighbourhood Shopping Centre anchored by Drakes Supermarkets expiring Feb 2033 with options to renew

- Drakes Supermarkets with 78 stores in SA and QLD plus a distribution centre in Edinburgh North, SA

- Tenancy mix includes supermarket, pharmacy, liquor, mixed specialties and a health and wellbeing precinct

- Exceptional land holding of 1.99Ha with 271 car parks

- Further development land of 494sqm providing upside in income

- 5,631sqm lettable area

- Fully leased net income of $1.785m* per annum

- WALE of 5.38 years (by income)

- Recently constructed providing expected depreciation benefits

- Annual reviews in all leases including supermarket

The property is offered For Sale via Expression of Interest (EOI) closing Thursday 2nd October @ 4pm

For access to the Due Diligence Dataroom, please get in contact:

Mitch Curnow | 0415 494 056

Jamie Guerra | 0418 849 780

Andrew Zammit | 0417 814 398

* = approx

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