Dan Murphy’s Anchored Investment – 5.5%-6.0% Net Yield
Lot 2/769 Botany Road , Rosebery NSW
Property Highlights
Description
+ Blue chip Dan Murphy’s retail investment
+ Strategic inner city location just 5km south of Sydney’s CBD and close to Sydney Airport
+ Secure 15 year lease to Endeavour Group Ltd to September 2032 plus options to 2062
+ Endeavour Group: Australia’s No 1 liquor retail network with sales of $11.6 billion
+ Dan Murphy’s, Australia’s leading and dominant large format retail liquor brand
+ Two supporting tenancies comprising 3 year leases plus options to Medical and Commercial operators
+ Ideal 1,299 sqm ground floor premises within quality mixed used development completed in 2016, including ample parking
+ Core South Sydney precinct undergoing significant urban renewal and high density development
+ City of Bayside forecast to grow by 17.4%, to 209,000 people by 2031
+ Close to Sydney Airport allowing ease of access for interstate or overseas based Landlord
+ Tightly held South Sydney precinct with investments of this scale and calibre rarely becoming available for purchase
+ Estimated Net Income: $631,000 pa + GST
For Sale by Expressions of Interest
Offers Closing 4pm 23 February 2023 (Unless Sold Prior)
Guide for Offers – 5.5% – 6.0% net yield
Please contact the exclusively appointed Burgess Rawson team for more information.
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Property Details