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48 Rainbow Beach Road Rainbow Beach QLD 4581

  • Shop & Retail
  • 949 m²
  • Commercial Auction

IGA Anchored & Only Shopping Centre In Catchment

    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

    AUCTION

    Auction date and time05/08/2022 10:15
    Auction locationLvl26 / 111 Eagle Street, Brisbane City

    Property Highlights

    Floor Area949 m²
    Land Area2,369 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Virtual TourView Tour
    Property ID2017935933
    Category
    Last updated  16 Aug 2022
    Map for 48 Rainbow Beach Road Rainbow Beach QLD 4581

    Property Highlights

    Floor Area949 m²
    Land Area2,369 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Virtual TourView Tour
    Property ID2017935933
    Category
    Last updated  16 Aug 2022
    Level 26 111 Eagle St Brisbane City QLD 4000
    Michael Feltoe
    Michael Feltoe
    Ray White Commercial (QLD)
    Lachlan O'Keeffe
    Lachlan O'Keeffe
    Ray White Commercial (QLD)
    Paul Butler
    Paul Butler
    Ray White Commercial Noosa & Sunshine Coast North
    David Brinkley
    David Brinkley
    Ray White Commercial Noosa & Sunshine Coast North

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