Ray White Commercial are pleased to present Rainbow Beach Shopping Centre. On offer is an IGA anchored centre prominently located in the tourism hub of Rainbow Beach.
|WHAT|
• Securely anchored by an IGA supermarket, which has recently renewed for a further 5 years to 2027
• Supported by a complementary mix of 6 daily needs tenants
• 949sqm* of building area on a 2,369sqm land parcel with three street frontage facing the only road into Rainbow Beach
• Providing 36 on-site car parks (1:26* ratio) along with ample street parking
• Estimated fully leased net income $324,186* + GST p.a.
• WALE (by income) of 3.56 years
|WHERE|
• Just 50km North of Noosa Heads, Rainbow Beach is a renowned tourist destination and sees over 70,000 visitors p.a.
• Rainbow Beach is the gateway to Fraser Island, with the Inskip Ferry located just 10km north, being accessed exclusively through Rainbow Beach
|WHY|
• The high-performing IGA supermarket is run by an experienced multi-store operator who has occupied this centre for 16 years (2006)
• A high-performing IGA supermarket, that has recently undergone a circa $300,000 fitout
• The only suburban shopping centre in Rainbow Beach, capturing both local demand and significant tourist influxes
• Landlord favourable net lease structures, with tenants responsible for all outgoings (excluding land tax)
*Approx
