IGA North Mackay 25 Evans Avenue North Mackay QLD 4740

Stonebridge is pleased to present 'IGA North Mackay' for sale via Immediate Offers to Purchase.

The asset boasts the following key investment features:

- High yielding opportunity - 100% leased and anchored by IGA & Glencore, longstanding tenants in occupation since 2011

- Secure income and rental growth profile Net Leases providing a mix of 3%, 4% & CPI annual rent increases

- Large 6,071 sqm* District Centre zoned site improved by three modern buildings and 85 car parks

- Boasting an ideal mix of long-term tenants comprising retail, fast food, mining, medical and allied health sectors

- Modern asset available significantly below today's replacement costs

- Convenient location 1.5 km* from Mackay's CBD with inbound & outbound bus stops on the centre's doorstep

- Prominent position along Evans Avenue, directly adjoining to the CBD via Sydney Street, carrying 26,900+ daily vehicles*

- Mackay - Thriving regional centre possessing a diverse $22.3 Billion* economy and home to 125,000+ residents, forecast to grow 28% by 2041*

- Net Income $1,068,681 pa* (+ GST) as at 1 September 2024

'IGA North Mackay' is for sale via Immediate Offers to Purchase.

*Approximately

Property Code: 1016