22-26 Newton Street,
Monto, QLD 4630
Key property information
Tenanted Investment Details
Map of 22-26 Newton Street
Dominant Regional IGA Supermarket Investment
- 1,523 sqm of Centre Zoned Land
- Dominant IGA Supermarket
- Established for over 60 years
22-26 Newton Street & 5 Spencer Street, Monto QLD comprises an outstanding opportunity to acquire a strong performing regional supermarket investment.
IGA Monto is located approximately 223km West of Bundaberg, positioned perfectly along Newton Street which is the town's main business and shopping thoroughfare.
This town is rich in history, with the property being used as a woolworths approximately 60 years in the past and the competition Coles Penny directly across the road. Since then the IGA across the road has been bought out and now there is only one major supermarket on the street, IGA Monto.
This opportunity comprises an IGA Supermarket, complemented by a Cafe next-door, a storage shed to the rear and a recently renovated 4 bedroom residential dwelling. The property returns a total of $160,223 + GST per annum and is leased to Peries IGA, who operates over 14 stores across Queensland.
For further information on this superb regional supermarket investment opportunity, please contact the exclusive sales and marketing agents below.
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Property ID: 503903990Last Updated: 23 Oct 2021