511 North East Road, Gilles Plains, SA 5086

EXPRESSION OF INTEREST CLOSING NOON ON TUESDAY 18th AUGUST 2026

This is an exceptional opportunity to acquire a fully leased neighbourhood shopping centre comprising approximately 1,621 m²** of gross lettable area across 12 tenancies, positioned on a prominent 5,806 m²** corner site. Benefitting from extensive frontage to both North East Road and Sudholz Road, the property enjoys outstanding exposure in a highly visible location.

Situated approximately 10 kilometres north-east of the Adelaide CBD, the centre occupies a tightly held commercial precinct directly opposite Gilles Plains Shopping Centre, home to Woolworths, Aldi, Dan Murphy's and other major retailers. The diverse tenancy mix includes established long-term occupiers anchored by Fasta Pasta and Chicken Chef, together with additional takeaway food operators, personal service providers, an MP's electorate office and other complementary businesses.

Property Overview

• Exceptional Neighbourhood Shopping Centre

• Location: Prominent corner site in Adelaide's Inner North Eastern suburbs

• Frontage: Exceptional dual exposure to Sudholz Road and North East Road

• Land Area: 5,806 m²**

• Lettable Area: 1,621 m²**

• Tenancies: 12 established shops

• Zoning: Suburban Activity Centre (Refer Zoning Information)

Investment Highlights

• High profile corner allotment with strong visibility

• Avg 56,000 vehicles passing daily on NE Rd & 6,000+ average daily on Sudholz Road***

• Fully leased centre providing stable income

• Estimated Net Annual Rental: $461,757.94*

• Diverse tenancy mix supporting long term occupancy

• Large on-site parking area (90 spaces approx.)

• Strategic arterial location connecting major residential catchments

Site Advantages

• Positioned on one of the busiest intersections in the north east

• Strong signage opportunities along both major road frontages

• Ideal for investors seeking secure income with future redevelopment potential

• Surrounding area includes established residential neighbourhoods, schools, and local services

* With current rent reviews and agreed renewals, the estimated net annual rental from 1st Nov 2026 will be approx. $475,016.

For more information about this opportunity please contact the agents, David Ente and Stuart Deed

David Ente 0412 127 653

Stuart Deed 0499 801 568

** All areas/dimensions are approximate

*** According to SA Government Traffic Volume Data

RLA 283100