Stonebridge, in conjunction with RWC Adelaide, is pleased to present 'RSEA Munno Para (Adelaide) for sale via Immediate Offers to Purchase.
The asset has the following key investment features:
- Brand new 8 year net year leases to 2032 + options with fixed annual increases up to 3.5% and 75% of income secured to market leading national tenant
- RSEA Largest independent safety retailer in the country with an international network spanning 85+ stores and 800+ employees across Australia and New Zealand
- Brand new building (completed April 2024) provides outstanding tax depreciation benefits and minimal capex requirement over the long term
- Commanding 4,011 sqm* improved by newly constructed 1,906 sqm* concrete tilt panel building with prominent signage and 48 on-site car parks
- Strategic location directly adjoining newly developed BCF, Sydney Tools, Petbarn and Zambrero outlets, plus additional automotive and fast food development occurring on neighbouring lot
- Exceptional access located only 100*m to the junction of Curtis Road & Main North Road (42,400+ vehicles daily), a major four lane arterial providing access to the Adelaide CBD, only 30km away
- Key growth corridor position nearby Munno Para's $1 billion 'Playford Alive' urban renewal residential project and Town Centre, set to accommodate 40,000+ new residents on completion and driving Munno Para's forecast 200% population growth to 2046
- Adelaide is the economic powerhouse of South Australia, contributing to over 80% of South Australia's $128 billion Gross State Product
- Net Income $386,730 pa* + GST
'RSEA Munno Para (Adelaide)' is for sale via Immediate Offers to Purchase.
Please contact the exclusively appointed Stonebridge and RWC Adelaide agents for more information.
*Approximately
Property Code: 939
