IGA Millmerran 25-29 Campbell Street,
Millmerran, QLD 4357
Shops & Retail • Medical & Consulting • Offices
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RWC Retail
level 26/111 Eagle StreetBRISBANE CITY, QLD 4000
IGA Millmerran 25-29 Campbell Street
Millmerran, QLD 4357
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Entry-Level IGA Investment
RWC Retail are proud to present IGA Millmerran, for sale by Auction on Friday 6th September 2024 at Level 26, 111 Eagle Street, Brisbane City.
|What|
• Fully leased 1,260sqm* retail investment, 90% underpinned by an IGA Supermarket
• Anchored by IGA on a 15 year term to 2029, with an option to 2034.
• Ultra low maintenance investment with just 2 tenants
• WALE of 4.23 years (by area)
• Net Income of $90,015 + GST p.a.
|Where|
• 1,565sqm* land parcel with 2-street frontage in Millmerran
• 80km* West of Toowoomba in the word-renowned Darling Downs region
• Located on the Gore Highway, forming part of the primary inland route between Brisbane and Melbourne
• Soon to be serviced by the federal Inland Rail project, one of Australia's largest infrastructure projects
|Why|
• Anchored by the only full-line supermarket in Millmerran
• Inflation resilient CPI increases for the IGA Supermarket, providing a defensive income profile
• Immediate & long-term rental reversion upside, with the IGA and Tobacconist on very affordable $80/sqm* and $128/sqm* gross rents
|What|
• Fully leased 1,260sqm* retail investment, 90% underpinned by an IGA Supermarket
• Anchored by IGA on a 15 year term to 2029, with an option to 2034.
• Ultra low maintenance investment with just 2 tenants
• WALE of 4.23 years (by area)
• Net Income of $90,015 + GST p.a.
|Where|
• 1,565sqm* land parcel with 2-street frontage in Millmerran
• 80km* West of Toowoomba in the word-renowned Darling Downs region
• Located on the Gore Highway, forming part of the primary inland route between Brisbane and Melbourne
• Soon to be serviced by the federal Inland Rail project, one of Australia's largest infrastructure projects
|Why|
• Anchored by the only full-line supermarket in Millmerran
• Inflation resilient CPI increases for the IGA Supermarket, providing a defensive income profile
• Immediate & long-term rental reversion upside, with the IGA and Tobacconist on very affordable $80/sqm* and $128/sqm* gross rents
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Property ID: 504659936Last Updated: 16 Oct 2024
RWC Retaillevel 26/111 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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