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Byron Bay, NSW 2481
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Flagship Byron Bay Woolworths Supermarket and Adjoining Land
Colliers International are delighted to offer the opportunity to purchase the exceptionally strong performing Woolworths Byron Bay, situated in one of Australia's most popular tourist destinations.
Property Highlights:
• Exceptionally strong performing and refurbished Woolworths supermarket expiring in March 2022 with 2x5 year options
• Site area of 8,007.1m² (approx) includes 2 income producing lots prime for future development (STCA) currently under a Ground Lease
• Ground Lease provides exceptional rental growth through favourable rent reviews
• Rare net lease to Woolworths (excluding management and insurance) and statutory expenses recovered on Ground Lease sites
• The only national full line supermarket offering in the MTA which trades 54% above the industry average
• MTA of 26,820 is forecast to grow by 19% to 31,870 by 2026 and attracted over 3.2 million visitor nights in 2011 (MacroPlanDimasi)
• Fully leased net income $1,122,484 pa (approx)
For Sale by EOI closing Thursday 12 July at 4pm.
Property Highlights:
• Exceptionally strong performing and refurbished Woolworths supermarket expiring in March 2022 with 2x5 year options
• Site area of 8,007.1m² (approx) includes 2 income producing lots prime for future development (STCA) currently under a Ground Lease
• Ground Lease provides exceptional rental growth through favourable rent reviews
• Rare net lease to Woolworths (excluding management and insurance) and statutory expenses recovered on Ground Lease sites
• The only national full line supermarket offering in the MTA which trades 54% above the industry average
• MTA of 26,820 is forecast to grow by 19% to 31,870 by 2026 and attracted over 3.2 million visitor nights in 2011 (MacroPlanDimasi)
• Fully leased net income $1,122,484 pa (approx)
For Sale by EOI closing Thursday 12 July at 4pm.
Property ID: 500309041Last Updated: 16 May 2014
Address available on request
Byron Bay, NSW 2481
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