138 Murray Street, Gawler SA

For Sale

Retail

SOLD

111m2

JLL is pleased to offer for sale a securely leased, affordable retail investment.

Strategically located on the main street of Gawler, approximately 40 kilometres north of Adelaide, Murray Street is the heart of the Gawler Township and surrounding Barossa region.

Performing the primary commercial function of the area, Murray Street is occupied by over 200 speciality shops anchored by major operators including Woolworths, Big W, Coles and Target.

The prominent position of 138 Murray Street promotes significant local exposure with the key intersection with Lyndoch Road immediately adjacent the property.

It is estimated on average 16,700 (approx.) vehicles travel along Murray Street on a daily basis with 7,300 (approx.) vehicles travelling along Lyndoch Road (Source – AADT-2008 Barossa Council).

Gawler is recognised for its recent population growth and as part of the 30-Year Plan for Greater Adelaide is earmarked for significant future growth.

Rams Home Loans have recognised the future growth prospects for the region and have recently commence trading from 138 Murray Street on a new, long lease.

This is an exciting, affordable retail investment with potential for strong growth, we outline key investment considerations as follows:

> Rams Home Loans trading on new, long lease
> Annual rental of $33,000 plus GST plus outgoings
> Excellent presentation with new fitout
> Prominent high street position with significant exposure
> Rear access and parking via Commercial Lane

JLL RLA 1842