Modern Shopping Centre Anchor Lease to Metcash Until 2026 + Options
15 year lease to 2026 to Metcash (T/A Drakes Supa IGA) plus options to 2041.
Metcash, a Top 100 ASX company (82% of total centre income) with guaranteed fixed 3% annual rent increases.
As new presentation, built 2011. Significant taxation depreciation benefits.
Strategic coastal 5,591 sqm landholding.
Dominant trader, the only supermarket in main trade area.
Supa IGA: strong sales growth exceeding 19% year on year (2015/2016).
Rockhampton Region: major service centre for the booming central QLD resources industry and is known as the 'Beef Capital of Australia'.
Net Income: $879,102 pa + GST (as at July 2017).
- Land area |
- 5591m² approx.
- Building area |
- Tenant |
- Emu Park Village
- Keywords |