Leased to International Value Retailer Dollarama (TSX:DOL) - The Reject Shop | Renewed 6 Year Lease plus Options through to 2041

Description

CBRE & Bennett Lane are pleased to present to the market Dollarama (The Reject Shop), comprising Lots 2 & 3, 27 Frances Terrace, Kadina SA 5554 for sale via Expressions of Interest.

This opportunity has the following key investment highlights:

+ Recently renewed Six (6) year lease to Dollarama Australia (The Reject Shop) to October 2031 with Two (2) further Five (5) year options through to 2041
+ Dollarama (TSX:DOL): Canadian listed valuer retailer with 2,700 locations and 41,000 people serving customers on three continents and in seven countries
+ The Reject Shop were acquired by International powerhouse, Dollarama in 2025 for $259 million
+ Long term occupier with The Reject Shop on-site since 2013
+ Strategically located over 120km* from the nearest Reject Shop in Port Pirie
+ Attractive annual fixed 3% rent increases ensuring continued income growth
+ Modern, well-presented 815sqm* building and adjoining parking with a total site area of 2,808sqm*
+ Abundant and valuable car parking for 45 cars
+ Prime central positioning within the central retail hub surrounded by proven and successful retailers including McDonald’s, Woolworths, BWS, EG Ampol, Supercheap Auto, BCF, KFC, Kmart and Aldi
+ Kadina: the capital of Yorke Peninsula with a historic agriculture focused economy, it has seen a significant 28.2% annual growth for median house prices
+ Copper Coast: progressive and successful municipality servicing a population in excess of 15,000 people, anticipated to grow 7% each year for the next decade
+ Rare benefit of being a stamp duty free commercial leased investment
+ Net Income: $129,104pa* + GST

To be sold via Expressions of Interest
Closing 3:30pm AEST Wednesday 15 April 2026

Please contact the exclusively appointed sales team for more information.

*Approx

CBRE RLA | 208125
Bennett Lane RLA | 333873

Enquire

Contact agents
Darren Beehag Senior Director
0411 226 223
Ned Looker Director
0448 689 573
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Kadina, SA

Lot 2 & 3/ 27 Frances Terrace

For Sale by Expression of Interest

This property is part of Portfolio 183

Price: Contact Agent

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