Burgess Rawson is pleased to offer to the market, O’Keefe’s IGA Supermarket Plus Liquor, Seymour VIC for sale via Investment Portfolio Auction 157.

The property has the following investment highlights:

+ Renewed 10-year lease to November 2027 plus options to 2052.
+ O’Keefe’s IGA Supermarket Plus Liquor: proven operator with 22 stores across Victoria.
+ Favourable annual CPI rent reviews.
+ Investor preferred net lease terms with tenant paying all usual outgoings as per lease.
+ 658sqm* supermarket incorporating liquor with recent tenant funded upgrade.
+ Situated in 100% occupied neighbourhood centre with direct access to 95 car parks.
+ Strategically positioned in established residential area between Seymour College and Seymour Sports & Aquatic Centre.
+ Potential 50% stamp duty savings.
+ Seymour: booming commuter centre only 1hr from Melbourne with population forecast to grow 77% by 2041.
+ $83,240pa + GST (as at 1 December 2022)

To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 7th December 2022
Crown Casino, Melbourne