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RWC Retail

Seasons IGA Maleny, 26 Maple Street Maleny, QLD 4552

Directions

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

Shops & Retail • Development Sites & Land • Other

Price information

Sale

$11,250,000

Key property information

Land area

Floor area

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$787,969
Number of Tenants
1 Tenant

Private inspections

to arrange a private inspection.
RWC Retail
Lachlan O'Keeffe
Michael Feltoe

RWC Retail

level 26/111 Eagle Street
BRISBANE CITY, QLD 4000
RWC Retail
Seasons IGA Maleny, 26 Maple Street
Maleny, QLD 4552

Map of Seasons IGA Maleny, 26 Maple Street

Directions
  • Bus stops within 5 km of Seasons IGA Maleny, 26 Maple Street, Maleny, QLD 4552Distance
    Maple Street at Cooke Park146 m
    Coral Street at Maleny Branch Library169 m
    Landsborough Maleny Road at McCarthy Rd1.1 km
    Grandview Rd at Maleny Montville Rd3.4 km
    Maleny Montville Rd at Sinclairs Lane3.5 km
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POWERED BY HERE ©

7.00% Single-Tenanted Supermarket! Prized Sunshine Coast Location

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

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Video

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Additional information

Property ID: 504699032Last Updated: 12 Nov 2024

RWC Retail
level 26/111 Eagle Street
BRISBANE CITY, QLD 4000

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