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RSEA, 8 Curtis Rd
Munno Para SA 5115
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Stonebridge Property Group VIC

RSEA, 8 Curtis Rd Munno Para SA 5115

  • Shop & Retail
  • 1,906 m²
  • For Sale, Contact the Stonebridge Team

Brand New Freestanding Retail Investment Market Leading National Tenant

  • New 8 Year Net Leases to 2032 + Options
  • 4,011 Sqm Site with Premium Improvements
  • Annual rent increases up to 3.5%

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

Property Highlights

Floor Area1,906 m²
Land Area4,011 m²
Parking48 x Onsite parkings
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019218665
Category
Last updated  5 Jun 2024
Map for RSEA, 8 Curtis Rd Munno Para SA 5115

Property Highlights

Floor Area1,906 m²
Land Area4,011 m²
Parking48 x Onsite parkings
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019218665
Category
Last updated  5 Jun 2024

Co-Agents

Tom Moreland
Stonebridge Property Group VIC
Call
+61 408 072 822
Michael Collins
Stonebridge Property Group VIC
Call
+61 404 023 204
Kevin Tong 汤聪瑜
Stonebridge Property Group VIC
Call
+61 422 848 818

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