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Knight Frank - Adelaide (RLA 199257)

77-79 & 81-87 Murray Street Gawler, SA 5118

77-79 & 81-87 Murray Street,
Gawler, SA 5118

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Knight Frank - Adelaide (RLA 199257)
Chet Al
Ryan Mills
Max Frohlich

Knight Frank - Adelaide (RLA 199257)

Level 29, 91 King William Street
ADELAIDE, SA 5000
Knight Frank - Adelaide (RLA 199257)
77-79 & 81-87 Murray Street
Gawler, SA 5118

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Freehold Hotel and Commercial Investment

Knight Frank is pleased to present for sale 77-79 & 81-87 Murray Street, Gawler – a modern fully leased investment underpinned by a secure 10-year lease to the Golden Fleece Hotel and 5-year lease to Westpac.

Located within the heart of Gawler, the leading regional centre for the South Australia's Mid North and greater Barossa Region. Gawler anchors a substantial and continually growing catchment population of approximately 120,000.

Key Investment Highlights:
- Premium mixed use passive investment located within one of South Australia’s fastest growing Local Government Areas
- Secure income stream, 100% leased and anchored by established tenants including the Golden Fleece Hotel, Westpac, Cibo, Jobs Statewide, Harness Racing SA, Feros Care and local psychology clinic ESPHC
- Modern, high quality improvements following a full redevelopment completed in 2013
- Income diversification supported by seven established tenants across complementary sectors
- Prime main street position, centrally located in the heart of Gawler with excellent exposure and daily foot traffic
- Strong WALE of 4.5 years (by income) providing income security
- Fixed 3%-4% or CPI annual rent reviews underpinning consistent income growth
- Net passing income of $743,075 per annum* with potential upside of around 10% given estimated net market income of $810,000 per annum*
- Large freehold 2,441 sqm* site featuring two street frontages and rear access to a multi-level car park accommodating 68 vehicles, and on street parking along Murray and High Streets
- No stamp duty payable on commercial property transactions in South Australia

77-79 & 81-87 Murray Street, Gawler is offered for sale via National Expressions of Interest, closing Thursday 5th March at 3:00pm (ACDT).

For further information or to arrange an inspection please contact the exclusive agents.

*Approx.

Gawler, 5118 demographic data

The median household income for Gawler is $936, 40% lower than Greater Adelaide's household income of $1,548. Gawler has an older age profile compared to the rest of Greater Adelaide (median age 57 vs 39). Property ownership data shows 38% of property owners in Gawler have a mortgage.

668
Population
$936 per week
Median household income
57 years
Median age
Owners
Most residents
Families
Most households

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