Colliers is delighted to present for sale 86-88 Smith Street, Naracoorte.
Tenanted by national retailer, The Reject Shop, the building presents a recently refurbished store positioned on the main thoroughfare of Naracoorte.
The property occupies a large 1,090sqm* landholding, with dual street frontage and is well positioned on the main thoroughfare of Naracoorte, surrounded by major retailers such as Woolworths, Foodland and NAB.
Operating 397 stores nationally, The Reject Shop, is secured on a new 6-year lease term, and has posted record sales volumes over the past 12 months, with further store growth in the pipeline.
Key attributes include:
• Tenanted by national retailer, The Reject Shop, with 397 stores nationally
• Secure 6-year lease, plus options
• Estimated $126,577* net annual income
• Favorable fixed 3% annual increases
• Central location in heart of Naracoorte
• Recently refurbished retail space
• Good depreciation benefits
• Zoned Township Main Street
86-88 Smith Street, Naracoorte is for Sale by Expressions of Interest closing Thursday 8 May 2025 at 3pm (ACST)
For further details, please contact the exclusive agents.
*approximately