IGA, 1/67 Warrangarree Dr Woronora Heights NSW 2233

Stonebridge is pleased to present IGA Woronora Heights (Sydney) for sale via National Portfolio Auction held Wednesday 21 May at 10am (AEST).

The asset has the following key investment features:

- Brand new 7 year lease to 2031, plus options to 2045, with compounding 3% annual rent increases

- IGA Independent retail powerhouse established in 1926 and boasts a network of 1,300+ locations nationwide

- Anchor to the premium mixed-use premises with 380sqm* of floor space, including 8 basement carparks on title.

- Exclusive supermarket offering servicing Sydney suburb, with closest competitor 5km away

- High barriers to enter for competition with scarce commercial zoning and high underlying land value ($1.5m median house price)

- Central location just 24km* to Sydney CBD, with 41,700+ residents in 15min drive time

- Woronora Heights South Sydney residential hub in the high growth Sutherland Shire (257,531+ population by 2026) and household income 83% above national average

- Estimated Net Income $94,469 pa* + GST

IGA Woronora Heights (Sydney) is for sale via National Portfolio Auction held Wednesday 21 May at 10am (AEST).

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Property Code: 1275