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591 Grand Junction Road Gepps Cross, SA 5094

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591 Grand Junction Road,
Gepps Cross, SA 5094

Shop & Retail • Other

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Map of 591 Grand Junction Road

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  • Train stations within 5 km of 591 Grand Junction Road, Gepps Cross, SA 5094Distance
    Dry Creek Station1.7 km
    Kilburn Station2.1 km
    Islington Station3.4 km
    Dudley Park Station4.3 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 591 Grand Junction Road, Gepps Cross, SA 5094Distance
    24b Grand Junction Rd - North Side150 m
    25 Grand Junction Rd - North Side167 m
    26 Port Wakefield Rd - West Side273 m
    23b Dover St - West Side313 m
    Cavan379 m
    POWERED BY HERE ©
POWERED BY HERE ©

OPENING SOON - PREMIUM INVESTMENT WITHIN ADELAIDE’S TRANSPORT HUB

  • Imminent Completion
  • Strong Lease covenant
  • Demanding catchment area
CBRE are proud to present this property as a part of the On The Run portfolio comprising 4 properties.

591 Grand Junction Road, Gepps Cross is due to open imminently and will comprise SA’s most premium fuel tenant as well as Hungry Jacks under the Peregrine franchising agreement. The site is located in Adelaide’s industrial and transport heart, just 20 minutes* from the Adelaide CBD. This asset will cater perfectly to Adelaide’s major freight corridor.

OTR (On The Run Pty Ltd) is the largest private employer (3,500 employees*) in South Australia and is a part of the Peregrine Group of companies making it a part of the 11th largest private company in Australia – despite only operating out of SA. OTR started with a humble investment in Adelaide’s North-Western suburbs in 1984 and has swiftly grown to own over 150 sites.

The property can be acquired as a single investment or within a portfolio of four Service Stations.

INVESTMENT HIGHLIGHTS:

LESSEE: On The Run Pty Ltd

TERM: 15 years commencing 1 March 2020

OPTIONS: 10x5 years

INITIAL RENT:
OTR - $295,000 pa (approx)
Hungry Jacks - $150,000 pa (approx)
(with annual 2.75% fixed reviews)


PROPERTY PORTFOLIO OPTION:
591 Grand Junction Road, Gepps Cross SA 5094
89 Military Road, West Beach SA 5024
303 Glen Osmond Road, Glenunga SA 5064
1 Mildred Street, Kapunda SA 5373

*approximately.

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Property ID: 503646002Last Updated: 21 Feb 2021

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591 Grand Junction Road
Gepps Cross, SA 5094

Agency contacts

CBRE - South Australia (RLA 208125)
Level 5, 151 Pirie Street
ADELAIDE, SA 5000
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Harry Einarson
CBRE - South Australia (RLA 208125)
591 Grand Junction Road Gepps Cross, SA 5094

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I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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  • Harry Einarson

    CBRE - South Australia (RLA 208125)
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    CBRE - South Australia (RLA 208125)
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  • Alistair Laycock

    CBRE - South Australia (RLA 208125)
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