Value-Add Metcash Shopping Centre

Description

Anchored by 2,604 sqm* IGA supermarket with rare lease direct to Metcash Ltd (ASX: MTS), a lease $3 billion ASX200 retailer.
Growing commuter location, 54km from Canberra CBD, house prices up 9.3% since March** and forecast 53.8% population growth by 2036***.
Fully leased with 98% of rent from essential service and/or ASX200 tenants including liquor, medical, pharmacy and Domino’s Pizza (ASX: DMO), a $7 billion ASX200 company.
19,463sqm* Hume Highway gateway site with 211 metre* combined frontage.
Value-add opportunity with low 25% site coverage and 1,240 sqm* vacant pad site.
Sub $10 million price range.
Estimated Net Rent: $607,745 pa*.

For Sale by Expressions of Interest
Offers Closing 3pm Thursday 10 December

*Approx
**realestate.com.au
***.id Yass Valley

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Contact agents
Billy Holderhead Partner
0422 817 696
Jamie Perlinger Head of Agency | Partner
0413 860 315
Zomart He Partner
0488 220 830
Dean Venturato Consultant
0412 840 222
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Yass, NSW

53-67 Laidlaw Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 141

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