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Colliers International - Adelaide (RLA 204)
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119-131 Murray Street Gawler, SA 5118

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119-131 Murray Street
Gawler, SA 5118

Shop & Retail • Offices
Sold Price

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Land area

1619.0m²

Floor area

950.0m²

Tenure type

Tenanted Investment

Sold on

15 Apr 2019

Convert Cash into High Return

  • High yielding retail investment
  • Anchored by two ASX listed tenants
  • Genuine value add opportunity
Colliers International are pleased to present the opportunity to purchase 119-131 Murray Street, Gawler. A strategically located, premium grade 'high street' investment anchored by ASX listed and long standing national tenant Cash Converters.

Key investment considerations include:

• Anchored by ASX: listed tenant Cash Converters, plus publicly listed 'Konekt' and strong local retailer 'Ink Supremacy'

• Fully leased and diversified net income of $173,627* per annum

• Ideally positioned along Gawler's 'high street' being its main retail and commercial hub, sited directly between the CBA and BankSA

• Highly exposed and imposing built form of 950sqm* split between three tenancies across two levels

• Significant site area of 1,619sqm* providing 31m* frontage to Murray Street

• Valuable dual street access connecting to the rear on-site car parking and loading bay

• In the 2016 ABS release, Gawler Council experienced the fastest population growth amongst all of South Australia's local government areas

• A town rapidly evolving, DPTI have allocated $615million* towards electrifying the Gawler Railway (providing direct access to Adelaide CBD) due to be completed in 2020

Colliers International is exclusively appointed to offer for sale 119-131 Murray Street, Gawler by Private Treaty - seeking offers in the range of $2.15 million.

An information memorandum is available upon request.

*approx.

To arrange an inspection or for more information please contact Colliers International as the exclusive selling agents:

Tom Isaksson +61 422 154 570

Property ID: 502983674Last Updated: 3 Sep 2019

+61 *** ***
Colliers International - Adelaide (RLA 204)
119-131 Murray Street
Gawler, SA 5118
Tom Isaksson

Colliers International - Adelaide (RLA 204)

Level 9, 121 King William Street
ADELAIDE, SA 5000

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Colliers International - Adelaide (RLA 204)

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Colliers International - Adelaide (RLA 204)

Level 9, 121 King William Street
ADELAIDE, SA 5000
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Tom Isaksson

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Tom Isaksson
Colliers International - Adelaide (RLA 204)
119-131 Murray Street Gawler, SA 5118

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

Kind Regards,

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  • Tom Isaksson

    Tom Isaksson

    Colliers International - Adelaide (RLA 204)
    +61 *** ***