Stonebridge Property Group is pleased to present for sale, Supa IGA Thomastown.
The key highlights of the opportunity include:
- High performing supermarket established more than 30 years ago
- Recently renewed 10-year net lease guaranteed by publicly listed Metcash Ltd (ASX:MTS), spread over 2,032 sqm* GLA
- Metcash Limited had sales exceeding $16 billion in 2021, a record year
- Convenient at-grade parking for 130 vehicles
- Located just 14 km* from the CBD, within one of the fastest growing regions in Victoria (forecast 21% population growth to 2036^)
- Fixed 10% increase on the base rent every 5 years plus the ability to capture turnover rent
*Approximate
^Whittlesea City Council
Supa IGA, 122 Main Street, Thomastown is offered for sale via Expressions of Interest. To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Rorey James
0439 400 081
Kevin Tong
0422 848 818
Property Code: 388