Freestanding Woolworths Supermarket – Dominant Trader. Secure 20 Year Lease to 2033 – Recent Refurbishment.
280 Adelaide Street, MARYBOROUGH QLD
Property Highlights
Freestanding Woolworths Supermarket
20 year lease to 2033 plus options
Substantial depreciation savings
Description
– Secure 20 year lease to 2033, plus 3 options of 10 years through to 2063
– Woolworths: Australia’s largest retailer, Market Cap $34b (April 2017)
– Impressive trading history – percentage rent imminent
– Immaculate 4,105 sqm store, substantial $12 million (approx.) refurbishment in 2013
– Significant 6,852 sqm CBD corner site, with dual frontage of 173 metres
– Important 149 on-site car spaces (102 undercover) plus seamless integration to 150+ car spaces on adjoining Council car park
– Substantial taxation saving depreciation
– Maryborough: thriving regional city 250km north of Brisbane, trade catchment circa 35,000
– Rent: $778,034 pa
Property Details
Listing
Sale
Land Size
6,852 SQM
Building Area
4,105 SQM