Trophy Dan Murphy’s Freehold Investment | Strategic Position in Desirable Bellerive
10 Percy Street , Bellerive TAS
Burgess Rawson in conjunction with Knight Frank Tasmania are pleased to offer to the market Dan Murphy’s and Fernwood Fitness, Bellerive (Hobart) TAS for sale via Expression of Interest Campaign.
The property has the following investment highlights.
+ Dan Murphy’s: brand new Ten (10) year lease to 2032 plus options to 2072.
+ Dan Murphy’s: subsidiary of Endeavour Group (ASX: EDV), a top ASX 50 listed company and Australia’s largest liquor retailer with 1,650 stores.
+ Fernwood Fitness: brand new Ten (10) year lease to 2032 plus options to 2042.
+ Fernwood Fitness: an Australian powerhouse in health and fitness for females with 70+ clubs, 70,000+ network. **
+ Proven position, with Fernwood Fitness trading on-site in same location for 17+ years with substantial membership base.
+ Strategic 4,072sqm* prime Bellerive Village site with 38 on-grade carparks and attractive general business zoning.
+ 2,126sqm* building incorporating Fernwood Fitness and re-developed and re-purposed Dan Murphys store.
+ Significant tax saving depreciation benefits.
+ Position perfect in heart of Bellerive Village, within close proximity of renowned Bellerive Oval, Eastlands SC and Hobart CBD.
+ Limited competition being the only large format liquor store on Hobart’s eastern shore.
+ Hobart: Tasmania’s administrative capital with a population of 250,000* and 18.8% median house price growth in the last 12 months***
+ Tasmania: ranked #1 and leading the nation with Australia’s strongest economy according to key economic indicators. ****
+ A minimal management, essential service investment.
+ Net Income: $520,000pa* + GST (Based upon projected 3 year forecast)
For Sale by Expressions of Interest
Closing Tuesday 3:00PM (AEST) 15th of August 2023
For further information, please contact the exclusive selling agents below
Shuan Venables 0411 860 865
Beau Coulter 0413 839 898
Matthew Wright 0458 290 588
Zomart He 0488 220 830
George Burbury 0408 333 523
John Blacklow 0418 128 735
**** Commsec State of States Report