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CBRE - South Australia (RLA 208125)

28-30 Morphett Street Mount Barker, SA 5251

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28-30 Morphett Street,
Mount Barker, SA 5251

Shop & Retail • Hotel & Leisure • Showrooms & Large Format Retail

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CBRE - South Australia (RLA 208125)
Mitch Curnow
Harry Einarson

CBRE - South Australia (RLA 208125)

Level 5, 151 Pirie Street
ADELAIDE, SA 5000
CBRE - South Australia (RLA 208125)
28-30 Morphett Street
Mount Barker, SA 5251

Map of 28-30 Morphett Street

Directions
  • Train stations within 5 km of 28-30 Morphett Street, Mount Barker, SA 5251Distance
    Mount Barker338 m
    Mount Barker Junction Station4.4 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 28-30 Morphett Street, Mount Barker, SA 5251Distance
    64 Hutchinson St - East Side69 m
    64 Cameron Rd - South West Side190 m
    66 Hutchinson St - West Side350 m
    Zone A Dutton Rd Park 'n' Ride354 m
    63 Adelaide Rd - West Side457 m
    POWERED BY HERE ©
POWERED BY HERE ©

FOOD AND BEVERAGE ANCHORED STRIP RETAIL INVESTMENT

  • Fully leased headlined by Dominos
  • Estimated Net Income of $175,185pa*
  • Lettable area of 375sqm*
CBRE Metropolitan Investments are thrilled to bring to market a group of 4 fully leased shops headlined by international pizza icon Dominos Enterprises Incorporate and a predominant food and beverage tenant mix.

The property at 28-30 Morphett Street, Mount Barker benefits from exceptional positioning amongst the Mount Barker township directly adjacent Mount Barker Shopping Centre (home to Kmart & Coles) and Aldi & Woolworths within 100m walk.

Mount Barker is the fastest growing residential area of Adelaide with the residential population set to grow from 33,000 to 55,000 people by 2036 representing a 67% growth over that time. Additionally, $2.8bn worth of public and private investment is anticipated for the next 20 years.

Further highlighted for your consideration is the following key investment criteria:
- 4 individual shops fully leased
- Net lettable area of 375sqm
- Tenant mix predominantly food and beverage (F&B)
- Net income estimate of $175,185pa*
- Tenants pay their proportion of statutory outgoings (excluding Land Tax), strata fees and building insurance
- Mix of CPI and fixed rental growth
- 21 shared car parks with adjoining allotment
- Urban Activity Centre Zone

For Sale by Private Treaty - $3,500,000

Please contact the sole marketing agents with any other questions:
Mitch Curnow: +61 415 494 0...
Harry Einarson: +61 421 747 4...

Property ID: 504094459Last Updated: 5 Aug 2022

CBRE - South Australia (RLA 208125)
Level 5, 151 Pirie Street
ADELAIDE, SA 5000
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