IGA, 1/67 Warrangarree Dr, Woronora Heights, NSW 2233

Stonebridge is pleased to present IGA Woronora Heights (Sydney) for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

   -  Brand new 7 year lease to 2031, plus options to 2045, with compounding 3% annual rent increases

   -  IGA – Independent retail powerhouse established in 1926 and boasts a network of 1,300+ locations nationwide

   -  Anchor to the premium mixed-use premises with 380sqm* of floor space, including 8 basement carparks on title.

   -  Exclusive supermarket offering servicing Sydney suburb, with closest competitor 5km away

   -  High barriers to enter for competition with scarce commercial zoning and high underlying land value ($1.5m median house price)

   -  Central location just 24km* to Sydney CBD, with 41,700+ residents in 15min drive time

   -  Woronora Heights – South Sydney residential hub in the high growth Sutherland Shire (257,531+ population by 2026) and household income 83% above national average

   -  Estimated Net Income $97,923 pa* + GST

IGA Woronora Heights (Sydney) is for sale via Immediate Offers to Purchase.

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Property Code: 1275