13 Sarina Beach Road Sarina QLD 4737

Stonebridge Property Group is proud to present for sale the dominant shopping centre in Sarina (Mackay), QLD, Sarina Beach Road Shopping Centre.

The Centre is anchored by a SUPA IGA and Kmart K-Hub, the only discount department store in the Main Trade Area. The centre is supported by 15 complementary tenants including Australia Post, Liquor Stax, Auswide Bank, a medical centre, pharmacy, and pathology.

Key highlights of the opportunity include:

Anchored by ASX-listed covenant, Metcash, Kmart K-Hub, supported by 15 shops

Kmart K-Hub is the only discount department store in the Main Trade Area with 23.8% sales growth in 24 months

6,429 sqm GLAR provided across an expansive 2.14-hectare land holding

100% shops external facing towards convenient at-grade parking for 318 vehicles

Future upside driven by potential for majors turnover rent and pad site development^

Estimated net operating income $1.8m*, with 84% secured to national tenants

Greater Mackay Region thriving regional economy and gateway to the iconic Whitsunday Islands & Great Barrier Reef

Sarina Beach Road Shopping Centre is for Sale via Expressions of Interest.

To obtain further information or to arrange an inspection, please contact the Stonebridge team.

*Approx. as at 1-Sep-2023
^STCA