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Seasons IGA Maleny, 26 Maple Street, Maleny, QLD, 4552
Maleny
RWC Retail are proud to present Seasons IGA Maleny for sale at 7.00% ($11,250,000)
|What|
• IGA Maleny is a single-tenanted supermarket leased to renowned IGA operator's Seasons Supermarkets.
• 12 Year whole of land lease to 2034, with options to 2049
• Triple net lease rarely seen in supermarket investments, with the tenant responsible for all usual outgoings, including land tax
• Freestanding 2,250sqm* building refurbished in 2022
• Net Income of $787,969 + GST p.a.
|Where|
• High-profile 2,843* land parcel with three-street frontage
• Substantial parking with 35 bays on-site, plus 75 adjoining council car parks and further on-street parking
• Situated in the heart of Maleny in the Sunshine Coast Hinterland
• Maleny is one of the most popular year-round tourist destinations in Queensland for luxury retreats, weddings and day-trippers alike
|Why|
• The epitome of set & forget, with the tenant responsible for day-to-day upkeep of the property, and a WALE of almost 10 years
• Fixed annual increases, guaranteeing reliable base rent growth
• The site enjoys a rich history as a supermarket, dating back almost 120 years, and has been operated as an IGA for almost 30 years
Remember to mention you found this property on CommercialReady
RWC Retail are proud to present Seasons IGA Maleny for sale at 7.00% ($11,250,000)
|What|
• IGA Maleny is a single-tenanted supermarket leased to renowned IGA operator's Seasons Supermarkets.
• 12 Year whole of land lease to 2034, with options to 2049
• Triple net lease rarely seen in supermarket investments, with the tenant responsible for all usual outgoings, including land tax
• Freestanding 2,250sqm* building refurbished in 2022
• Net Income of $787,969 + GST p.a.
|Where|
• High-profile 2,843* land parcel with three-street frontage
• Substantial parking with 35 bays on-site, plus 75 adjoining council car parks and further on-street parking
• Situated in the heart of Maleny in the Sunshine Coast Hinterland
• Maleny is one of the most popular year-round tourist destinations in Queensland for luxury retreats, weddings and day-trippers alike
|Why|
• The epitome of set & forget, with the tenant responsible for day-to-day upkeep of the property, and a WALE of almost 10 years
• Fixed annual increases, guaranteeing reliable base rent growth
• The site enjoys a rich history as a supermarket, dating back almost 120 years, and has been operated as an IGA for almost 30 years
Remember to mention you found this property on CommercialReady
Seasons IGA Maleny, 26 Maple Street, Maleny, QLD, 4552
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