CBRE is pleased to offer to the market, OTR convenience retail centre at 91-95 Tapleys Hill Road, Hendon (Adelaide) for sale via National Portfolio Auction 185.

The property has the following key investment highlights:

+ Eighteen (18) year lease from 2025 to 2043 plus options through to 2078.
+ Fixed, compounding 3.5% annual rent increases with 10% cap & collar at each option.
+ Tenant pays ‘multiple holding’ land tax and management fees.
+ Rare triple net lease structure, with tenant responsible for all rates, multiple holding land tax, building insurance, property management.
+ Tenant also responsible for all structural maintenance, repairs and replacement, (including fuel tanks and equipment).
+ Viva Energy (ASX: VEA): Blue-chip ASX200 company recently purchasing Coles Express & OTR making Viva Energy Australia’s leading convenience retail with 1,500 sites nationally. (1)
+ OTR: leading convenience retailer generating $3 billion in revenue annually, with 200+ sites across Australia, licenses for QSR’s including Hungry Jack’s, GyG, Subway & Oporto. (1)
+ Recently constructed (2025), State-of-the-art 394sqm convenience retail offering, complemented by Guzman y Gomez Mexican Kitchen with convenient drive-thru offering.
+ 2,632sqm* site along Tapleys Hill Road, a major arterial linking Adelaide Airport with Port Adelaide.
+ 450* metres from Reece Plumbing, Petbarn and the new $25m Hendon Shopping Centre anchored by KFC, Hungry Jack’s and Foodland.
+ Hendon: affluent Metro Adelaide growth suburb with median house prices up 11% in the past 12 months. (2)
+ The City of Charles Sturt: 4th largest LGA in South Australia, home to a population of 130,841 people. (3)
+ Stamp duty free investment!
+ Net Income: $534,276 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Tuesday 23 June 2026
Yallamundi Rooms – Sydney Opera House

* Approx.
1 Viva Energy
2 Realestate.com.au
3 .id

RLA 208125