Emu Park QLD 4710

Shop & Retail
2,805 m²
Sold, $9,750,000

Modern Neighbourhood Convenience Centre

2,805m2 convenience centre, anchored by Supa IGA with 63 on grade car spaces

81% of income securely leased to Drakes Supa IGA Supermarket (Metcash Limited Guarantee) on a 15 year lease (Exp. 2026) with a WALE by income of 10.7 years*

Main Trade Area forecasted to grow 4.99% per annum

Constructed in 2011, providing significant depreciation allowances

Current Net Income of $878,787* (Fully Leased) as at 30th November 2014.

Expressions of Interest close 12 Noon, Thursday 16 October 2014

*approx

EXPRESSION OF INTEREST

Closing date and time	16/10/2014 12:00
Recipient name	Ask Agent
Delivery address	Ask Agent

Property Highlights

Date Sold	21 Nov 2014
Sold Price	$9,750,000
Floor Area	2,805 m²
Land Area	5,591 m²
Parking	On site parking available
Property ID	2011427869
Category	Shop & Retail
Last updated	16 Dec 2014

Map for Emu Park QLD 4710

Property Highlights

Date Sold	21 Nov 2014
Sold Price	$9,750,000
Floor Area	2,805 m²
Land Area	5,591 m²
Parking	On site parking available
Property ID	2011427869
Category	Shop & Retail
Last updated	16 Dec 2014