High Profile IGA Anchored Shopping Centre. Current DA Approval for Expansion.
- Direct highway frontage in prime corner position with Cornetts Supa IGA supermarket, a pharmacy, liquor store and coffee kiosk - Approx. 86% of income derived from ASX listed Metcash - Cornetts is QLD’s leading independent supermarket operator with 32 stores statewide. - Supermarket leased to 2020 with one remaining five year option. - Substantial 1.49 hectare site with additional land for future expansion - Current approval to expand supermarket plus additional retail specialties - Potential to add drive-thru fast food or fuel outlet (STCA) - Port Douglas is a tourism hotspot with 10 international airlines with direct flights daily to Cairns - Gateway to the northern Barrier Reef and major international world heritage listed attractions - Net Income: $473,485 pa + GST.
Auction 11am AEDT Wednesday 13 December 2017 River Room, Crown Casino, Melbourne
