Fairview Green Shopping Centre, 325 Hancock Road,
Fairview Park, SA 5126
Shops & Retail • Showrooms & Large Format Retail • Other
Key property information
Land area
Floor area
Property extent
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Tenure type
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Leedwell Property (RLA 222531) - ADELAIDE
Level 1, 16 Hutt StreetADELAIDE, SA 5000
Fairview Green Shopping Centre, 325 Hancock Road
Fairview Park, SA 5126
Map of Fairview Green Shopping Centre, 325 Hancock Road
Fairview Green Shopping Centre
- 100% leased neighbourhood offering
- Anchored by Romeo's Foodland
- Net income of $2,679,817* p.a.
JLL and Leedwell are proud to jointly offer Fairview Green Shopping Centre for sale by Expression of Interest.
We highlight the key property features below:
• Strong performing centre anchored by Romeo’s Supermarket on a long term lease expiring 2032 plus options to 2062
• Fully leased investment comprising supermarket and 14 specialty tenants
• Estimated net passing income of $2.68m pa*
• Strong residential precinct with estimated 40,000 population trade area
• W.A.L.E. of 7.69 years
• High profile site of 12,980sqm* with additional development potential (stca)
• 420 car bays over two levels
• $0 Stamp duty payable on commercial assets in SA
• High percentage of non discretionary tenants
The property is offered for sale by expression of interest closing 2pm (AEST) Thursday 19 May 2022
For more information or to arrange an inspection, please contact the selling agents JLL and Leedwell
JLL
Ben Parkinson - 0407 710 3...
Roger Klem - 0423 919 373
Stuart Taylor - 0428 000 000
Leedwell
Jamie Guerra - 0418 849 7...
Andrew Zammit - 0417 814 3...
* Approximate
We highlight the key property features below:
• Strong performing centre anchored by Romeo’s Supermarket on a long term lease expiring 2032 plus options to 2062
• Fully leased investment comprising supermarket and 14 specialty tenants
• Estimated net passing income of $2.68m pa*
• Strong residential precinct with estimated 40,000 population trade area
• W.A.L.E. of 7.69 years
• High profile site of 12,980sqm* with additional development potential (stca)
• 420 car bays over two levels
• $0 Stamp duty payable on commercial assets in SA
• High percentage of non discretionary tenants
The property is offered for sale by expression of interest closing 2pm (AEST) Thursday 19 May 2022
For more information or to arrange an inspection, please contact the selling agents JLL and Leedwell
JLL
Ben Parkinson - 0407 710 3...
Roger Klem - 0423 919 373
Stuart Taylor - 0428 000 000
Leedwell
Jamie Guerra - 0418 849 7...
Andrew Zammit - 0417 814 3...
* Approximate
Fairview Park, 5126 demographic data
The median household income for Fairview Park is $1,913, 24% higher than Greater Adelaide's household income of $1,548. Fairview Park has an older age profile compared to the rest of Greater Adelaide (median age 40 vs 39). Property ownership data shows 59% of property owners in Fairview Park have a mortgage.
3,792
Population
$1,913 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households
Leedwell Property (RLA 222531) - ADELAIDELevel 1, 16 Hutt Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
JLL - Adelaide 25 Grenfell Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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