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Address available on request Jindera, NSW 2642

Address available on request,
Jindera, NSW 2642

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Brand New High Yielding Neighbourhood Shopping Centre Investment Opportunity

Newly built and opened in March 2005, the Jindera Plaza Shopping Centre is a modern neighbourhood shopping centre anchored by a strong trading IGA Supermarket. The Centre also features a Pharmacy, Bakery, Butcher, Pizza, Council Office, Building Society and ATM. The Centre comprises a Gross Lettable Area (GLA) of approximately, 1,660 m2 and features a simple, efficient L shape configuration with all shops fronting the car park.

Located approximately 15km from the Albury CBD in the township of Jindera, the Centre occupies a 4,047 m2 site on one of the towns prime corner sites. The site has two extensive main road frontages and rear lane access for commercial deliveries and includes multiple ingress/ egress points, providing excellent local and regional accessibility. At-grade parking facilities are provided on-site for 59 vehicles.

Jindera Plaza is currently fully leased with a net income of $203,607 p.a. (approx.). It offers a highly secure income stream and tenure with IGA Supermarket committed until 2020 via a 15 year lease, plus three x five year options. IGA Supermarket occupies approximately 69% of the Centre’s GLA and contributes approximately 54% to the Centre’s gross income.

Property ID: 5445619Last Updated: 26 Jun 2015

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02 9220 85...
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Address available on request
Jindera, NSW 2642
JLL - Sydney
Level 27, 180 George Street
SYDNEY, NSW 2000

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