Jones Lang LaSalle has pleasure in offering for sale, under instructions from the registered owner, Fairview Green Shopping Centre by Expression of Interest.

Fairview Green Shopping Centre comprises a Neighbourhood Centre anchored by a Foodland supermarket together with 14 specialty shops, kiosk and two ATMs.

The property is in a key high exposure location in Adelaide's north eastern metropolitan area approximately 21 kilometres from the Adelaide CBD drawing a significant trade from the suburbs of Golden Grove, Tea Tree Gully, Fairview Park and beyond.

Property highlights include:

> Estimated net income $2.1million (approx.)
> A 23+10+10+10 year lease to IGA Distribution (SA) Pty Ltd
> Backed by Metcash Ltd
> Fixed 10% increases every three years for supermarket tenancy
> Significant building allowances and depreciation benefits to tax paying entities
> Balanced tenancy mix including chemist, take away foods, butcher, fruit/veg, cafe
> Advanced car parking system
> Strong "green" credentials
> Approximately 398 car parks (ratio of 6 parks:100sqm GLA)
> Key location adjacent Shell branded petrol filling station and licensed premises

Jones Lang LaSalle is exclusively appointed to offer Fairview Green Shopping Centre for sale by Expression of Interest closing 4pm Friday 24 May 2013.

RLA1842