RWC Retail are proud to present IGA Millmerran, for sale by Auction on Friday 6th September 2024 at Level 26, 111 Eagle Street, Brisbane City. |What| • Fully leased 1,260sqm* retail investment, 90% underpinned by an IGA Supermarket • Anchored by IGA on a 15 year term to 2029, with an option to 2034. • Ultra low maintenance investment with just 2 tenants • WALE of 4.23 years (by area) • Net Income of $90,015 + GST p.a. |Where| • 1,565sqm* land parcel with 2-street frontage in Millmerran • 80km* West of Toowoomba in the word-renowned Darling Downs region • Located on the Gore Highway, forming part of the primary inland route between Brisbane and Melbourne • Soon to be serviced by the federal Inland Rail project, one of Australia's largest infrastructure projects |Why| • Anchored by the only full-line supermarket in Millmerran • Inflation resilient CPI increases for the IGA Supermarket, providing a defensive income profile • Immediate & long-term rental reversion upside, with the IGA and Tobacconist on very affordable $80/sqm* and $128/sqm* gross rents
Email enquiry to RWC Retail
Properti ID: 504659936