The Placer Property's Stables Property Fund is a direct property investment that owns The Stables Shopping Centre, located in Golden Grove, an established residential suburb approximately 22 km northeast of the Adelaide CBD. The Stables is anchored by Woolworths on a fifteen-year lease that commenced in April 2015, with two other lease options of ten years each. Other major tenants include BWS, HealthSense Medical Centre, Chemmart Pharmacy. Altogether, Woolworths and the major tenants account for 77% of the centre’s gross income. The weighted average lease expiry of the centre is 11 years.