Brickworks Marketplace Fund

A new wholesale investment opportunity for the dominant sub-regional shopping centre located just 2.4kms outside of the Adelaide CBD.

Access this iconic South Australian property through our exclusive single asset Wholesale Fund. The Brickworks Marketplace Fund offers investors a quality commercial property with a strong 9.17YR WALE (by area) and high-profile tenants including Woolworths, Dan Murphy’s and Big W.

$85M

GROSS ASSET VALUE

11.35%

TARGETED 7YR IRR

96%

CENTRE OCCUPANCY

9.17YR

WALE BY AREA

$85M

GROSS ASSET VALUE

11.35%

TARGETED 7YR IRR

96%

CENTRE OCCUPANCY

9.17YR

WALE BY AREA

$85M

GROSS ASSET VALUE

11.35%

TARGETED 7YR IRR

96%

CENTRE OCCUPANCY

9.17YR

WALE BY AREA

$85M

GROSS ASSET VALUE

11.35%

TARGETED 7YR IRR

96%

CENTRE OCCUPANCY

9.17YR

WALE BY AREA

$85M

GROSS ASSET VALUE

11.35%

TARGETED 7YR IRR

96%

CENTRE OCCUPANCY

9.17YR

WALE BY AREA

$85M

GROSS ASSET VALUE

11.35%

TARGETED 7YR IRR

96%

CENTRE OCCUPANCY

9.17YR

WALE BY AREA

$85M

GROSS ASSET VALUE

11.35%

TARGETED 7YR IRR

96%

CENTRE OCCUPANCY

9.17YR

WALE BY AREA

$85M

GROSS ASSET VALUE

11.35%

TARGETED 7YR IRR

96%

CENTRE OCCUPANCY

9.17YR

WALE BY AREA

$85M

GROSS ASSET VALUE

11.35%

TARGETED 7YR IRR

96%

CENTRE OCCUPANCY

9.17YR

WALE BY AREA

$85M

GROSS ASSET VALUE

11.35%

TARGETED 7YR IRR

96%

CENTRE OCCUPANCY

9.17YR

WALE BY AREA

Brickworks Marketplace is a vibrant, contemporary shopping centre conveniently located just 2.4kms outside of the Adelaide CBD. The centre occupies a prominent corner allotment on one of the state's major arterial roads, connecting northern and southern suburbs.

The centre is adjacent to a 9-hectare site which the Adelaide Crows have proposed as their new headquarters as part of the Thebarton Oval Precinct Masterplan. The Masterplan, currently in the community consultation stage, is an exciting development for the local community — both residents and businesses.

The centre was completed in June 2015, and has since been anchored by tenants; Woolworths, Big W and Dan Murphy’s. It also features Tony & Mark’s fresh produce and Zeea’s Eatery, an array of alfresco dining options and complementary specialty shops, services and kiosks.

Although the centre is regarded as a sub-regional shopping centre, the large percentage of non-discretionary/convenience tenants provides for a tenancy mix more comparable to a larger neighbourhood centre.

A landmark centre, a stone's throw away from Adelaide's CBD.

Investment Highlights

Convenience-plus shopping centre with strong 96% occupancy
Anchored by strong performing anchor tenants (Woolworths, Big W and Dan Murphy’s) on long leases
The centre offers excellent exposure, convenient parking and is well-served by public transport
Large landholding of 44,400sqm, 2.4kms outside of the Adelaide CBD
Targeted 7 year Internal Rate of Return of 11.35%
Targeted Cash-on-Cash return of 6.07%
Construction completion in June 2015 with corresponding depreciation benefits of ~60%

Asset Overview

Gross Asset Value: $85,000,000
Classification: Sub-regional Centre
Net Lettable Area: 17,160sqm
WALE (By Area): 9.17 years
Major Tenants: Woolworths, Big W and Dan Murphy’s
Mini Major Tenants: Tony & Mark's and Direct Chemist Outlet
Specialty Tenants: 40 Specialties
Car Parking: 680 Vehicles
Centre MAT: $115 Million p.a.
Foot Traffic: 2.2M People p.a.

Find out more about the Brickworks Marketplace Investment Fund

To request a copy of the Information Memorandum or the Investment Summary get in touch with our team.

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