SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Brand New Freestanding Dan Murphy’s Investment

7-9 Baker Street, Wangaratta VIC

Property Highlights

New 12 year lease plus options
Dan Murphy's 85% owned by Woolworths
Strategic essential service investment

Description

New 12 year lease plus 10 x 5 year options to 2081.
Dan Murphy’s: a subsidiary of Endeavour Group, Australia’s largest liquor retailer with 1,599 stores and 85.4% owned by Woolworths Group Limited.
Thriving non-discretionary business, Endeavour’s retail liquor division (including Dan Murphy’s and BWS) revenue up 21.4% in the first 10 weeks of the June quarter.
Brand new 1,354 sqm* store with major depreciation benefits with 99.6% of the net base rent potentially tax deductible**.
Significant 4,018 sqm* site with 59* at-grade car spaces.
Strategically located directly opposite Woolworths Wangaratta, one of the top performing supermarkets in regional Victoria.
New Dan Murphy’s freehold investment opportunities rarely offered in the sub-$10 million price range.
Secure essential service investment.

*Approximately
**Napier and Blakeley

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Liquor
Land Size
4,018 SQM
Building Area
1,354 SQM

Contact Agents

Contact Me

Stay up to date with our latest portfolio auctions & insights