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Home Hill IGA, 129 Eighth Avenue Home Hill, QLD 4806

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Home Hill IGA, 129 Eighth Avenue,
Home Hill, QLD 4806

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Map of Home Hill IGA, 129 Eighth Avenue

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SOLD! 15 Year Lease to ASX Listed National Retailer - Full Line Supermarket & Bank

- Metcash Lease – from 2014 to 2029 plus options
- Bendigo Bank – new 5 year lease plus 5 year option
- Get Fit Home Hill leased to November 2018
- As new improvements of 1,570 sqm on 4,510 sqm site with Highway frontage
- Substantial depreciation allowances
- Home Hill – close to Ayr in rich agricultural Burdekin region
- Both tenancies on annual 3% rental increases
- Minimal management investment
- Site allows for further development (STCA)
- Net Income: $337,750 pa + GST

Auction 11am AEDT Tuesday 8 December
Sofitel Wentworth Hotel, Sydney

Property ID: 501761146Last Updated: 7 Oct 2016

04122444...
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Home Hill IGA, 129 Eighth Avenue
Home Hill, QLD 4806
Kelly & Co Property - Brisbane
Level 12, 324 Queen Street
BRISBANE CITY, QLD 4000
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