IGA + Liquor, 136 Island Point Road, St Georges Basin, NSW 2540

Burgess Rawson is pleased to offer to the market this IGA + Liquor anchored freehold shopping centre investment located at 136 Island Point Road, St Georges Basin (South Coast) NSW for sale via our Investment Portfolio Auction 175.

This opportunity has the following key highlights:

+ Long 20 year anchor lease to Metcash backed IGA to 2032 plus options to 2047
+ IGA + Liquor: national supermarket brand with over 1,400 stores across Australia^
+ Metcash: Australia’s leading distribution and marketing company, with a market cap of $3.4B^^
+ 100% leased with excellent essential service mix including Alliance Pharmacy (member of 1,200 store network), Café, Hairdresser and Discount Variety Store
+ Majority of businesses having occupied this centre since built in 2012
+ Attractive annual rent reviews of either CPI, 3% and 4% for all tenancies, ensuring guaranteed rental growth
+ Strategically positioned 7,643sqm* town centre site boasting two street frontages and excellent visibility within the main retail hub
+ Landmark centre known as St Georges Basin Local Shopping Village, serving the established and growing local community 
+ Easy ingress and egress via Island Point Road, being the main link to the Princes Highway, a major arterial road servicing the entire Shoalhaven Region
+ Abundant and valuable on-site car parking for 104 vehicles*
+ St Georges Basin: established residential area and holiday destination within Shoalhaven City Council, just 2 hours* drive south of Sydney
+ High growth South Coast New South Wales LGA, with the population set to increase by an impressive 26%* from 113,347 to 142,936 people* by 2051^^^
+ Net Income: $708,798 pa* + GST (as at 22 May 2025)

To be Sold by Investment Portfolio Auction
10:30am AEDT Tuesday 25 March 2025
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information
 
*Approx
^iga.com.au
^^As at 26/02/2025
^^^forecast.id