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

RWC Retail are proud to present Seasons IGA Maleny for sale at 7.00% ($11,250,000)

|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