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Ritchie’s Supa IGA, Warracknabeal

Freestanding IGA supermarket leased to Australia's finest independent supermarkets retailer with no major competition
  • Land Area:
    6,092 m2
  • Whole or Part of Building:
    Whole Building
  • Tenancy:
    Tenanted Investment
  • Income:
    $279,076.00 + GST
  • Lease:
    15 year net lease

Overview

  • Expansive town centre site of 6,092sqm* with dual access from 2 street frontages
  • Established and strong performing freestanding supermarket in a highly attentive catchment with limited competition
  • 15 years net lease (12 years remaining) to Ritchie’s SUPA IGA – National supermarket operators with more than 70 stores across Australia
  • Strategic location servicing the Wimera and Western Victoria grain belt with a direct train line to Port Melbourne
  • Main Street location with additional rear access and highly convenient at grade parking for 80 vehicles* on-site
  • Net income of $279,076 per annum* with attractive annual increases and potential turnover rent

FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING FRIDAY 30th AUGUST 2019 AT 4.00pm (AEST)

Contact the team

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