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Seasons IGA Maleny, 26 Maple Street, Maleny, QLD, 4552

Properties / Buy / Queensland / Maleny

Tenanted Investment

1. Property Summary

Selling Method

Private Sale

Selling Details

7.00% ($11,250,000)

Land Area

2,843 m² (*approx)

Floor Area

1843 m² (*approx)

Property Type

Retail, Land, Other

Est. Income

$787,969 p/a

Fully Leased

IGA Maleny

Show All

2. Property Highlights

7.00% Single-Tenanted Supermarket! Prized Sunshine Coast Location

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

Dataroom

Tenanted Investment

1. Property Summary

Property Type

Retail, Land, Other

Est. Income

$787,969 p/a

Tenant

IGA Maleny

Wale

10 years

Land Area

2,843 m² (*approx)

Floor Area

1843 m² (*approx)

Selling Method

Private Sale

DATAROOM AVAILABLE

Gain Access

Selling Details

7.00% ($11,250,000)

2. Property Highlights

7.00% Single-Tenanted Supermarket! Prized Sunshine Coast Location

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

Dataroom

Seasons IGA Maleny, 26 Maple Street, Maleny, QLD, 4552 Maleny

Enquire

RWC Retail

Lvl 26/111 Eagle St, Brisbane QLD 4000

Lachlan O'Keeffe

+61 *** *** *** show +61 413 464 137

Michael Feltoe

+61 *** *** *** show +61 447 714 899

Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

Seasons IGA Maleny, 26 Maple Street, Maleny, QLD, 4552