Foodland Anchored Shopping Centre | High Yielding Investment With 8 Year WALE

Description

Burgess Rawson in conjunction with Mastracorp Real Estate are delighted to present the Foodland anchored shopping centre at 77a Collins Parade, Hackham SA for sale via Investment Portfolio Auction 170.

+ Fully leased shopping centre anchored by Foodland supermarket.
+ Foodland: Proven South Australian supermarket with over 90 stores and growing.
+ Long 8 Year WALE with attractive CPI +1% reviews to anchor tenant
+ Landlord friendly net leases with the tenants responsible for all usual outgoings
+ Refurbished 1,516*sqm full-line supermarket supported by complimentary tenants including Australia Post/The lotto and two small retail shops.
+ Substantial 5,322*sqm site with 81 car spaces on-title
+ Significant tax depreciation benefits
+ Stamp duty free investment
+ Hackham: located 30*km from the Adelaide CBD and part of the City of Onkaparinga with a population of 180,865 in 2023**
+ Net Income: $329,049* pa + GST

For Sale via Portfolio Auction Investment 170
10.30am (AEST) on Wednesday, 7th August 2024
Crown Casino, Melbourne VIC

Burgess Rawson & Associates Victoria Pty Ltd | RLA 327401
Mastracorp Pty Ltd | RLA 259095

*approx
**profile.id.com.au/onkaparinga

Enquire

Contact agents
Raoul Holderhead Partner
0413 860 304
Justin Kramersh Senior Sales Associate
0460 349 605
Enquiry Form

Hackham, SA

77a Collins Parade

For Sale by Portfolio Auction
Wednesday 7th August 10:30AM Crown Casino - River Room - Melbourne

This property is part of Portfolio 170

Price: Contact Agent

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