KANGAROO ISLAND SA_Foodland
Description
Metcash guaranteed lease to 2020 + opts to 2035.
Highly successful supermarket with long standing annual turnover growth
from captive market.
90% income from supermarket with 3% pa rent increases.
Includes 4 other retail/commercial tenancies.
Value add and additional development opportunities on 7,900 sqm* of land
with 65 parking spaces.
Metcash – $13.25 billion in sales 2013/14.
Net Income: $417,000 pa*.
Private Treaty Offers Closing 3pm AEDT Thursday 26 February 2015
Unless Sold Prior
Michael Gilbert 0430 024 790
Dean Venturato 0412 840 222
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Stephen Lovison
Enquiry Form
KINGSCOTE, SA
28-30 Osmond Street
- Sold Price: Contact Agent