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2011/2 Curtis Road
Munno Para, SA 5115
This property is no longer actively marketed and does not appear in standard search results. This page is retained for historical reference only.
Overview
Brand New Freehold | 10 Year Net Lease to Listed Global Auto Retail Giant Hankook Tire & Technology Co Ltd
This exceptional retail property is available for sale in Munno Para, featuring a brand new freehold with a 10-year net lease to the globally recognized automotive retail giant, Hankook Tire & Technology Co Ltd. The lease extends until September 2035, with options to extend until 2045, ensuring a stable investment opportunity.
The tenant, Jax Tyres & Auto, operates as a subsidiary of Hankook and boasts 96 locations across Australia. They are responsible for all usual outgoings, including insurances, land tax, and management fees, providing peace of mind for the investor.
Investors can expect guaranteed growth through fixed annual rent increases of 3.5%. The property, completed in 2025, offers significant depreciation benefits, making it an attractive option for savvy investors.
Spanning 378 square meters, this freestanding tyre and auto service center includes both showroom and warehouse space. The property is situated on a prime 1,403 square meter Torrens Title (freehold) site, featuring 21 on-title sealed and lined car spaces.
Located within a new large format retail center, the property is surrounded by well-known brands such as RSEA, BCF, Sydney Tools, Petbarn, Nando's, Zarraffa's, and Zambrero. It is also in close proximity to Playford Alive, one of Australia's largest urban renewal projects, which is projected to accommodate 40,000 residents upon completion.
Munno Para is a rapidly growing suburb in metro Adelaide, with a population forecast to surge by 146% by 2046. The City of Playford is recognized as the fastest-growing local government area in South Australia, with a projected population growth of 65% by 2041.
Notably, there is no stamp duty payable on this property, and it generates a net income of $114,000 per annum plus GST.
This property will be sold via Investment Portfolio Auction on April 1, 2026, at 10:30 AM AEDT at Crown Casino, Melbourne.
For further inquiries or to arrange a viewing, please contact the listing agent.
Location
Munno Para SA 5115
Measurements
| Type | Dimensions |
|---|---|
| Building Area Sqm | 378 |
| Floor Area | 378 sqm |
Market Insights for Munno Para SA 5115
Other properties in this postcode
Price Guide $699,000 - $729,000
1101 Stebonheath Road, Munno Para West SA 5115
$Expression of Interest
1339 Stebonheath Road, Munno Para Downs SA 5115
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
