Leased to 2027 + options to 2047.
Lease guaranteed by ASX listed Metcash.
Metcash over $13.25bn sales in 2013/14.
Ritchies IGA: Founded in 1870, the largest IGA operator in Australia.
IGA have over 1,400 stores nationwide.
Building area 3,126 sqm.
Adjacent to a major council owned car park.
Taree population predicted to grow by 50% by 2030.
Annual CPI rent increases.
Net Income: $545,939 pa + GST.

Auction 2pm AEST Tuesday 14 April 50 Margaret Street Sydney

Michael Gilbert 0430 024 790
Darren Beehag 0411 226 223