Modern Purpose-Built Outlet Centre with Outstanding Upside Potential

  • $20,000,000/Contact the Stonebridge Team

Property Description

Acting under instructions from Receivers and Managers, KordaMentha, Stonebridge Property Group is pleased to exclusively present for sale District Outlet Centre Adelaide – an exceptionally rare opportunity to acquire an outlet centre with excellent upside potential.

The key highlights of the opportunity include:

– Modern, purpose-built outlet centre featuring 54 predominantly outlet retailers, including Cotton On Mega, Puma, Hype DC, and Forever New

– High-exposure site with 584* at-grade car parks and over 165m* of arterial road frontage

– Strategic location, 17 km* north of Adelaide CBD, positioned within a major growth corridor

– Co-located with complementary uses including large format retail, automotive, industrial and quick service retail

– Low average gross rent of $471/sqm* p.a. offering an opportunity to enhance the tenancy profile and drive rental growth

– Ability to expand the centre subject to agreement on lease terms and other approvals

– Total Trade Area population projected to increase by 113,000 residents to 2046^

– Potential fully leased market net operating income of $4.3 million* p.a.

District Outlet Centre Adelaide is offered for sale via Expressions of Interest closing Thursday 20th November at 5:00pm AEDT (4:30pm ACDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Justin Dowers
0438 098 805

Carl Molony
0439 032 028

*Approx
^Location IQ, 2025

Property Code: 1495

Sale Details

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  • Property Type: Shopping Centres, Retail Property
  • Method of Sale For Sale

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