Dominant Adelaide Sub-Regional Shopping Centre - For Sale

SOLD

Firle SA 5070

Retail

FOR SALE

    • Building Name Firle Plaza
Firle Plaza Shopping Centre, SA

- Outstanding Adelaide metropolitan shopping complex, featuring a Coles Supermarket, Kmart DDS & 23 fully leased specialty shops, providing a total GLA of 12,140sqm (approx.) & abundant on-site parking for 692 cars (approx.)

- Significant landmark site of 41,664sqm (approx.) fronting the busy & major Glynburn Road thoroughfare, presenting various opportunities for expansion & redevelopment (STCA)

- Strong performing Coles & Kmart anchor tenancies, both paying percentage rental

- Well balanced food, service & convenience based specialty mix, featuring attractive in-built income growth through typical 4-5% annual reviews

- Inner north eastern Adelaide suburb location, just 6km (approx.) from the Adelaide CBD

- Significant MTA comprising 123,340 persons (approx.) with attractive demographic characteristics (Source: Pitney Bowes Business Insight)

- Fully leased net income - $2,811,000 p.a. (approx.)

For further information please contact:

Simon Rooney
Head of Retail Investments - Australia
Telephone: +61 2 9220 8497
Mobile: 0418 284 680
Email: simon.rooney@ap.jll.com