Issue 26 | The Property Development Review

Property Listings

SA

The Property Development Review

Melbourne’s Ultimate Landbank Investment

New 15 Year Lease

– Corner site of 1,569sqm* – Three street frontages – Capital City Zone - no prescribed height limit – Potential for value add opportunity with adjoining multi-deck car park 211 Pirie Street, Adelaide SA For Sale Significant redevelopment opportunity New 10+5 Year Lease

+ Brand new 15 and 10+5 year leases to Hungry Jack’s, Chadstone Ford and Hyundai expiring 2036 + Thriving industries: new car sales up 28.3% and record sales growth in drive thru fast food + Favourable Commercial 1 zoning with a 10-level development precedent on the opposite side of Princes Highway Oakleigh VIC 1406-1424 Dandenong Rd (Cnr Drummond St)

Billy Holderhead 0422 817 696 Jamie Perlinger 0413 860 315 Beau Coulter 0413 839 89 Zomart He 何梓轩 0488 220 830

6,953 sqm* corner site with 191 metre* frontage

*(Approx.)

closing Thursday 30 September 2021 at 4pm For Sale by Expression of Interest

0423 919 373 Roger Klem Set-and-forget, net leases secured by Guarantees

0418 807 920 Jed Harley

Michael Gross 0419 355 561 Danny Clark 0448 066 889 Alex Ham 0410 545 226

property.jll.com.au

/326232

Transaction Managed By

RLA1842 Annual net income of $1,127,718 with fixed 2.5% increases

Boundary Indicative For Sale By International Public EOI Closing 3pm (AEDT) Friday 15 October 2021

*Approx

Irreplaceable 18,488sqm Landholding 8km from the Adelaide CBD

AD E L A I D E CBD 8 KM

Albert Park (Adelaide) SA 1052 Port Road

BUNN I NGS

• Recently renewed 5+5+5 year triple net lease to 2036 • Coates: Longstanding tenant in occupation since 1998 • GBA of 6,718sqm* plus significant capital upgrades recently undertaken • Tenant pays 100% of outgoings, including land tax • Coates: owned by ASX-listed Seven Group Holdings (ASX: SVW), with a market cap of $8.75 billion • Massive landholding with combined street frontage of over 277 metres* • Pandemic proof essential service tenant • Net Income: $578,668 pa* + GST

S POT L I GHT

POR T S I D E M I T SUB I SH I

S E LTH S T

POR T R D

GOR DON S T

Investment Portfolio Auction Tuesday 28 September 2021

Adam Thomas 0418 998 971 RLA293472 Oliver Totani 0412 808 743 RLA199257

Shaun Venables 0411 860 865

Jack Dyson 0448 685 593

*Boundaries Indicative Only

*Approx

93

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10/9/21 2:17 pm

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