For Sale
Prime Metro Melbourne Dan Murphy’s On Trophy Smith Street Retail Corner
Dan Murphy’s Collingwood, 416 Smith Street, Collingwood VIC
CAMPAIGN CLOSED
Stonebridge, acting under instructions from Receivers and Managers KordaMentha, is pleased to present ‘Dan Murphy’s Collingwood’ for sale via Expressions of Interest closing 5 September 2024 at 3pm (AEST).
The key highlights of the opportunity include:
- 100% leased to Dan Murphy’s on a secure 15 year lease to 2032 plus options to 2052
- Endeavour Group (trading as Dan Murphy’s) — Blue chip, ASX-listed liquor retailer with 1,700+ locations, including the Dan Murphy’s and BWS networks, possessing strong market position and $9.98Bn^ market capitalisation
- Expansive 1,190 sqm* NLA with additional 32 basement carparks accessed via Hotham Street
- Newly built in 2017 with state-of-the-art quality finishes providing significant depreciation benefits
- 58 m* frontage to Smith Street retail precinct near global retailers Kathmandu, Officeworks, New Balance & more
- Collingwood – One of Melbourne’s most active and lucrative high-rise development precincts with an expected population growth of 37.45% by 2041^^
- Net Income $443,703 pa* + GST
To obtain further information, or arrange an inspection please contact the exclusive selling agents, Stonebridge Property Group.
