62 Daintree Street Clermont QLD 4721

Shop & Retail
1,988 m²
Sold

Clermont Plaza | IGA Supermarket on 7 Year Lease

Net income of $234,862 p.a*
77.4% of income from IGA Supermarket
Freehold | 1,988m² NLA | 7,174m² Land

Colliers & Fox's Real Estate are pleased to present Clermont Plaza to the market for sale.

Clermont Plaza presents an opportunity to purchase a multi-tenanted freehold asset with strategic leasing upside for investors, located within the Isaac Region in Central Queensland.

The asset is anchored by an IGA Supermarket (1,154m²) with 7 years remaining on their lease (5 year option executed from 1st May 2024 to 30th April 2029). In addition the asset contains 7 specialty retail/commercial tenancies (834m²) which the vendor will provide a 24 month rental guarantee from 1st July 2022 to 30th June 2024. The asset provides a total NLA of 1,988m² NLA on a 7,174m² site. The neighbourhood centre's current passing annual net income is approximately $234,862 net p.a with a W.A.L.E of 5.8 years by way of income (including rental guarantees).

For more information, please contact the exclusive listing agents Ryan Chandler on 0415 805 277 or Ben Davidson on 0421 439 202.