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Supa IGA Biloela, 59 - 69 Grevillea Street Biloela, QLD 4715

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Supa IGA Biloela, 59 - 69 Grevillea Street
Biloela, QLD 4715

Shop & Retail

Price information

Sold

Contact Agent

Land area

3780.0m²

Floor area

1999.0m²

Tenure type

Tenanted Investment

Sold on

19 May 2015

Map of Supa IGA Biloela, 59 - 69 Grevillea Street

Directions

SOLD! 15 Year Lease to ASX Listed National Retailer Freestanding Trophy Supermarket

- 15 year lease from 2013 plus 15 year option to 2043.
- Metcash lease - ASX listed with over $13.25bn sales in 2014.
- As new full line supermarket, built 2013.
- High corner exposure with 3 street frontages.
- On-title parking for 52 cars.
- Biloela, principle commercial and retail centre for the Shire, population 16,000.
- Equidistant to Rockhampton and Gladstone.
- Substantial tax depreciation allowances.
- Single tenant minimum management investment.
- Attractive 3% annual rent increases.
- Net Income: $614,420 pa + GST.

Property ID: 501540039Last Updated: 25 Feb 2016

Supa IGA Biloela, 59 - 69 Grevillea Street
Biloela, QLD 4715

Agency contacts

Burgess Rawson (QLD) - Brisbane

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Burgess Rawson (QLD) - Brisbane

Level 24,324 Queen Street
BRISBANE CITY, QLD 4000
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Pat Kelly
Burgess Rawson (QLD) - Brisbane
Supa IGA Biloela, 59 - 69 Grevillea Street Biloela, QLD 4715

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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