Seasons IGA Maleny, 26 Maple Street, Maleny, Qld 4552

LATEST
Retail
|Land/Development
|Other
EOI Closing 23 October 4pm (AEST)
EOI Closing 23 October 4pm (AEST)
Published on: 27 Sep 2024
Last updated on: 27 Sep 2024
Seasons IGA Maleny, 26 Maple Street, Maleny, Qld 4552
Seasons IGA Maleny, 26 Maple Street, Maleny, Qld 4552
Seasons IGA Maleny, 26 Maple Street, Maleny, Qld 4552
+12
Seasons IGA Maleny, 26 Maple Street, Maleny, Qld 4552
  • 12
Property ID: 504699032
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Key property information

Land Size
2,843.00 m2
Floor Area
1,843.00 m2
Tenure Type
tenanted

Triple Net Lease Supermarket! Prized Sunshine Coast Location

Seasons IGA Maleny, 26 Maple Street, Maleny, Qld 4552
RWC Retail are proud to present Seasons IGA Maleny for sale via Expressions of Interest closing Wednesday 23rd October at 4pm (AEST).

|What|
• IGA Maleny is a single-tenanted supermarket leased to renowned IGA operator's Seasons Supermarkets.
• 12 Year whole of land lease to 2034, with options to 2049
• Triple net lease rarely seen in supermarket investments, with the tenant responsible for all usual outgoings, including land tax
• Freestanding 2,250sqm* building refurbished in 2022
• Net Income of $787,969 + GST p.a.

|Where|
• High-profile 2,843* land parcel with three-street frontage
• Substantial parking with 35 bays on-site, plus 75 adjoining council car parks and further on-street parking
• Situated in the heart of Maleny in the Sunshine Coast Hinterland
• Maleny is one of the most popular year-round tourist destinations in Queensland for luxury retreats, weddings and day-trippers alike

|Why|
• The epitome of set & forget, with the tenant responsible for day-to-day upkeep of the property, and a WALE of almost 10 years
• Fixed annual increases, guaranteeing reliable base rent growth
• The site enjoys a rich history as a supermarket, dating back almost 120 years, and has been operated as an IGA for almost 30 years

Property Details

Basic Info

Property Type
RetailLand/DevelopmentOther
Listing Status
On Market
Land Size
2,843.00 m2
Address
Seasons IGA Maleny, 26 Maple Street, Maleny, Qld 4552

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Contact Agent
Lachlan O'Keeffe
Lachlan O'Keeffe
Michael Feltoe
Michael Feltoe
level 26/111 Eagle Street, Brisbane City, Qld 4000
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Lachlan O'Keeffe
Lachlan O'Keeffe
Michael Feltoe
Michael Feltoe
level 26/111 Eagle Street, Brisbane City, Qld 4000
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      Property ID: 504699032

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