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136 Island Point Road
St Georges Basin NSW 2540
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Sold on 11 Apr 2025

136 Island Point Road St Georges Basin NSW 2540

  • Shop & Retail
  • 2,145 m²
  • Sold, $10,050,000

IGA + Liquor Anchored Freehold Investment | High Growth Shoalhaven Region

    • 20 year anchor lease to IGA (Metcash)
    • 7,643sqm* essential service freehold
    • Net Income: $708,798 pa* + GST
    Cooper Wilson in conjunction with Burgess Rawson are pleased to offer to the market this IGA + Liquor anchored freehold shopping centre investment located at 136 Island Point Road, St Georges Basin (South Coast) NSW for sale via our Investment Portfolio Auction 175.

    This opportunity has the following key highlights:

    + Long 20 year anchor lease to Metcash backed IGA to 2032 plus options to 2047
    + IGA + Liquor: national supermarket brand with over 1,400 stores across Australia^
    + Metcash: Australia's leading distribution and marketing company, with a market cap of $3.4B^^
    + 100% leased with excellent essential service mix including Alliance Pharmacy (member of 1,200 store network), Café, Hairdresser and Discount Variety Store
    + Majority of businesses having occupied this centre since built in 2012
    + Attractive annual rent reviews of either CPI, 3% and 4% for all tenancies, ensuring guaranteed rental growth
    + Strategically positioned 7,643sqm* town centre site boasting two street frontages and excellent visibility within the main retail hub
    + Landmark centre known as St Georges Basin Local Shopping Village, serving the established and growing local community
    + Easy ingress and egress via Island Point Road, being the main link to the Princes Highway, a major arterial road servicing the entire Shoalhaven Region
    + Abundant and valuable on-site car parking for 104 vehicles*
    + St Georges Basin: established residential area and holiday destination within Shoalhaven City Council, just 2 hours* drive south of Sydney
    + High growth South Coast New South Wales LGA, with the population set to increase by an impressive 26%* from 113,347 to 142,936 people* by 2051^^^
    + Net Income: $708,798 pa* + GST (as at 22 May 2025)

    To be Sold by Investment Portfolio Auction
    10:30am AEDT Tuesday 25 March 2025
    Yallamundi Rooms, Sydney Opera House

    Please contact the exclusively appointed sales team for more information

    *Approx
    ^iga.com.au
    ^^As at 26/02/2025
    ^^^forecast.id

    Cooper Wilson Commercial
    Cooper Wilson Commercial
    1/29 Wurrook Circuit
    Caringbah, NSW 2229

    Property Highlights

    Date Sold11 Apr 2025
    Sold Price$10,050,000
    Floor Area2,145 m²
    Land Area7,653 m²
    Parking104 x Onsite parkings
    Property ID2019826770
    Category
    Last updated  12 Apr 2025
    Map for 136 Island Point Road St Georges Basin NSW 2540

    Nearest transport* to 136 Island Point Road St Georges Basin NSW 2540

    Bus
    Train
    Tram
    Ferry
    Island Point Rd Opp St Georges Rd114 m
    St Georges Rd At Island Point Rd148 m
    Grass Tree Reserve, Island Point Rd154 m
    Island Point Rd Before Tasman Rd185 m
    This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
    *Within a 4km radius
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    Cooper Wilson Commercial
    Cooper Wilson Commercial
    1/29 Wurrook Circuit
    Caringbah, NSW 2229

    Property Highlights

    Date Sold11 Apr 2025
    Sold Price$10,050,000
    Floor Area2,145 m²
    Land Area7,653 m²
    Parking104 x Onsite parkings
    Property ID2019826770
    Category
    Last updated  12 Apr 2025

    Listed by

    Brett Cooper
    Cooper Wilson Commercial
    Call
    0409 848 833

    More about 136 Island Point Road St Georges Basin NSW 2540

    136 Island Point Road St Georges Basin NSW 2540 is categorized as Shop & Retail Property. It has a floor area of 2,145 m² and a land area of 7,653 m². There are 104 x onsite parkings.The listing ID for this property is 2019826770.

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