346-354 Tapleys Hill Road, Seaton, SA 5023 | Property Value & History | OnTheHouse
OFF MARKET

346-354 Tapleys Hill Road
Seaton SA 5023

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 13780m2
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Property Details for 346-354 Tapleys Hill Rd, Seaton

Building Type
Commercial
Land Size
13780m2
Local Government
Charles Sturt
Lot/Plan
A69/D4798

Last Listing description (July 2023)

JLL is thrilled to exclusively present for sale the freehold interest in an exceptional hospitality & retail asset, the Links Hotel, located in the metropolitan suburb of Seaton, less than 10kms from Adelaide's CBD.

The asset is underpinned by a triple net lease with CPI-linked reviews and circa 13.5 years wale,

with a blue chip covenant to ASX-listed Endeavour Group, the nation's largest retail drinks and hospitality operator.

Key investment highlights include:

* Securely leased to ASX-listed Endeavour Group (formerly ALH Group) who operate over 350 licensed venues across the country under the ALH Hotels brand
* Valuable triple net lease with Tenant paying all outgoings, including land tax, and is responsible for all maintenance, repairs and CAPEX, ensuring no unforeseen loss of income
* Guaranteed income security via a long term, triple net lease with further terms of 1 x 15-year and 4 x 10-year options to 2091 plus attractive annual CPI increases with ratchet clause
* The asset includes Australia's nationally recognised BWS retail outlet on title
* Superior landbank opportunity with an expansive 13,780sqm* Site with flexible 'Suburban Business' zoning
* High profile location within 10kms from Adelaide's CBD and benefits from an extensive 150 metre* main road frontage
* Coveted gaming venue with 40 modern gaming machines on site, providing intrinsic value for the Landlord at expiry
* Huge stamp duty savings with zero payable on commercial properties in SA

This is an outstanding investment opportunity which offers secure annuity income via a long-term lease to high profile hospitality operators and bankable growth via attractive CPI increases with a ratchet clause.

For sale via Expressions of Interest closing Wednesday 14 June 2023 at 5:00pm AEST.



For further information on this opportunity, please contact the exclusive selling agents.

Property History for 346-354 Tapleys Hill Rd, Seaton, SA 5023

A timeline of how this property has performed in the market
Last Sold
$12,500,000
30 Aug 2023
  • 30 Aug 2023
    Sold for $12,500,000
  • 16 May 2023
    Listed for Sale Contact Agent
  • 06 Dec 2021
    Sold for $12,850,000
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About Seaton 5023

The size of Seaton is approximately 4.6 square kilometres. There are 8 parks, covering nearly 17.1% of the total area. The population of Seaton in 2016 was 10365 people. By 2021 the population was 10877 showing a population growth of 4.9% in the area during that time. The predominant age group in Seaton is 30-39 years. Households in Seaton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Seaton work in a professional occupation.In 2021, 60.20% of the homes in Seaton were owner-occupied compared with 59.40% in 2016.

Seaton has 5,834 properties. Over the last 5 years, Houses in Seaton have seen a 81.76% increase in median value, while Units have seen a 92.19% increase. As at 30 June 2026:

  • The median value for Houses in Seaton is $1,112,502 while the median value for Units is $671,036.
  • Houses have a median rent of $690 while Units have a median rent of $535.
There are currently 27 properties listed for sale, and 11 properties listed for rent in Seaton on OnTheHouse. According to Cotality's data, 283 properties were sold in the past 12 months in Seaton.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.