For SaleUnder Offer
Dan Murphy's Batemans Bay
57 Orient Street, Batemans Bay NSW
Stonebridge is pleased to present Dan Murphy’s Batemans Bay, as part of the national Dan Murphy’s & BWS Portfolio, for sale via Expressions of Interest closing Wednesday 13 March at 3 pm (AEDT).
The asset has the following key investment features:
- Brand new 10 year lease to 2034 plus options, with strong income growth potential via low turnover rent threshold
- Dan Murphy’s (Endeavour Group) – Blue chip ASX-listed liquor retailer with 1,700+ locations, dominant market share and $9.56Bn* market capitalisation
- Prominent 3,854 sqm* site, featuring 63 on-site carparks and 166 metres* of dual street frontage
- Modern 1,354 sqm* freestanding building with new tilt panel improvements (built 2020) and 5-star Greenstar rating, providing excellent depreciation benefits
- Well configured site with expansive car park shade sail, dedicated loading bay and multiple access points, plus two Evie electrical vehicle charging stations
- Strategic Princes Highway A1 gateway position exposed to 6.2 million* vehicles p.a. and complemented by generous on street car parking
- Ideal location in core retail precinct surrounded by national retailers including Coles, ALDI, Kmart and Harvey Norman
- Batemans Bay – Premier South Coast tourism and services precinct, welcoming over 2 million visitors pa
- Minimal competition with the nearest retail hub 50 km* away as well as being the sole Dan Murphy’s within a 145 km* radius
- Liquor Retail – Resilient $11.9Bn* non-discretionary industry servicing 67%+ of population, with strong performing online channels seeing over 13% growth annually
- Net Income – $471,908 pa*^ + GST
Dan Murphy’s Batemans Bay is for sale via Expressions of Interest closing Wednesday 13 March at 3 pm (AEDT).
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
^ Estimated