Share this property

realcommercial.com.au

IGA North Mackay, 25 Evans Avenue North Mackay, QLD 4740

Directions

IGA North Mackay, 25 Evans Avenue,
North Mackay, QLD 4740

Shops & Retail • Medical & Consulting • Offices

Price information

Sale

Contact the Stonebridge Team

Key property information

Land area

Floor area

Car spaces

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$1,068,681
Number of Tenants
13 Tenants
Tenants / Type
Retail & Medical

Private inspections

to arrange a private inspection.

Map of IGA North Mackay, 25 Evans Avenue

Directions
  • Bus stops within 5 km of IGA North Mackay, 25 Evans Avenue, North Mackay, QLD 4740Distance
    Evans Avenue Near Grendon Street105 m
    Grendon Street Near Palmer St172 m
    Evans Ave at Harbour Road207 m
    Malcomson St at Harvey Street481 m
    Grendon Street at King Street524 m
    POWERED BY HERE ©
POWERED BY HERE ©

High Yielding 100% Leased IGA & Medical Based Retail Centre

  • Large 6,071 sqm District Centre Site
  • Longstanding, Strong Performing Tenants
  • Strong Growth via 3%, 4% & CPI Increases
Stonebridge is pleased to present 'IGA North Mackay' for sale via Expressions of Interest closing Thursday 5 September 2024 at 3pm (AEST)

The asset boasts the following key investment features:

- High yielding opportunity - 100% leased and anchored by IGA & Glencore, longstanding tenants in occupation since 2011

- Secure income and rental growth profile – Net Leases providing a mix of 3%, 4% & CPI annual rent increases

- Large 6,071 sqm* District Centre zoned site improved by three modern buildings and 85 car parks

- Boasting an ideal mix of long-term tenants comprising retail, fast food, mining, medical and allied health sectors

- Modern asset available significantly below today’s replacement costs

- Convenient location 1.5 km* from Mackay's CBD with inbound & outbound bus stops on the centre’s doorstep

- Prominent position along Evans Avenue, directly adjoining to the CBD via Sydney Street, carrying 26,900+ daily vehicles*

- Mackay - Thriving regional centre possessing a diverse $22.3 Billion* economy and home to 125,000+ residents, forecast to grow 28% by 2041*

- Net Income $1,068,681 pa* (+ GST) as at 1 September 2024

'IGA North Mackay' is for sale via expressions of interest closing Thursday 5 September 2024 at 3pm (AEST). Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Property Code: 1016

Property ID: 504652264Last Updated: 30 Aug 2024

realcommercial.com.au logo
IGA North Mackay, 25 Evans Avenue
North Mackay, QLD 4740
ADVERTISEMENT

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.
BESbswy
BESbswy