15 + 15 year lease expiring 2034
Lessees: IGA Distribution Pty Ltd with Metcash backed guarantee plus long standing fashion retailer and hairdresser
Parking on site for 28 cars
Dominant supermarket in catchment
High profile corner location in centre of town
Strong long term mining sector activity
Annual 3% rent increases plus turnover rent
Est net income $329.880pa
Part of a portfolio including Supa IGA at Mackay QLD and Gordonvale (Cairns) QLD (For sale separately)
VIDEO PRESENTATION: To view a video on this property copy this link into your web browser.
http://video.visualdomain.com.au/videos/index/10227/e2d799fb5711bbd960dcb3a8e67d04bc/?mediaId=1892957552001
For sale in Burgess Rawson Portfolio Auction 76 on:
Tuesday 30 October 2012 at 2:00pm AEDST
Mezzanine Level
50 Margaret Street, Sydney
For more information on this property and other auction listings visit:
www.investmentportfolioauction.com.au
Dean Venturato 0412 840 222
dventurato@burgessrawson.com.au
Pat Kelly 0412 244 456
pkelly@burgessrawson.com.au