



Savills are pleased to present For Sale 199 Main South Road, Morphett Vale, a fully leased retail investment providing secure long-term income from three established tenants within one of Adelaide’s major southern retail corridors. Positioned on a substantial 4,123sqm* corner landholding with high exposure to Main South Road, the property benefits from excellent accessibility, substantial on-site parking and its position immediately adjoining Morphett Vale Foodland. Key Property Highlights Include: - 100% leased retail investment comprising Choice The Discount Store, Vinnies and VIBE Fitness. - Estimated passing net income of $367,473 per annum*. - Long 6.94-year WALE, providing secure cashflow with no lease expiry until December 2030. - Strong in-built rental growth, including fixed annual increases of 4.00% to Vinnies, 2.50% to VIBE Fitness and CPI reviews to Choice. - Substantial 4,123sqm freehold site* improved with approximately 2,464sqm* of GLA. - Approximately 40 on-site car parks, together with rights of way over adjoining shopping centre car parking for customer convenience. - High-profile corner position directly adjoining Foodland-anchored Morphett Vale Plaza, supporting regular customer traffic and reinforcing the location as an established convenience and retail destination. - Suburban Activity Centre zoning providing strategic underlying land value and long-term development flexibility. - Zero Stamp Duty for commercial property in South Australia. 199 Main South Road, Morphett Vale is offered For Sale by Expressions of Interest closing Wednesday 18 November 2026 at 4:00pm (ACDT), unless sold prior. For further information or to arrange an inspection, please contact the Savills Agents. Sam Alexander 0457 888 213 sam.alexander@savills.com.au Luke Hoban 0423 228 891 luke.hoban@savills.com.au Savills SA RLA 1786 *Approximately
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Property ID: 505263524
Original Property ID: 505263524