1/12-20 Toogood Road, Woree, Qld 4868

Burgess Rawson is pleased to offer to market the Woree IGA located at 1/12-20 Toogood Road, Woree (Cairns) QLD 4868 for sale via Burgess Rawson Investment Portfolio Auction 177.

The opportunity has the following key investment highlights:

+ Ten (10) year lease to 2031 plus four (4) further five (5) year options to 2051
+ Independent Grocers of Australia (IGA): one of Australia's leading grocery brands with over 1,200 independently operated stores nationwide. Collectively, the IGA network generates over $8.3 billion in revenue annually
+ Leased to long-term tenant: IGA has successfully operated from this site for over 30 years demonstrating strong customer loyalty & proven location performance
+ Favourable fixed 2.5% annual rent reviews, ensuring rental growth
+ High profile 899sqm* ground floor tenancy, with recent upgrade of flooring and merchandise shelving
+ Perfectly positioned within the Woree Business Centre, adjoined by complimentary tenancies such as Liquorland and QML Pathology. Additionally, this site is supported by multiple professional tenancies and a medical centre
+ Strategically located within 100m* of Mulgrave Road, the main arterial connecting the southern Cairns suburbs to the Cairns CBD, with 35,000 + vehicles passing daily*
+ Cairns: Queensland’s second-largest regional city outside of Southeast Queensland. A thriving hub with a Gross Regional Product (GRP) of $11.46 billion and a current population of over 175,000, projected to grow to 241,000 by 2050
+ Net Income: $198,328 pa* + GST (as of July 2025)

For Sale via Investment Portfolio Auction 177
10:30am AEST Thursday 26 June 2025
The Westin, Brisbane

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.