10 year net lease to 2030 plus further 10 year option to 2040
Highly sought after Sutherland essential service Supermarket
Dominant centre within local neighbourhood area
Attractive 3% annual rental increases, assuring growth
Ample adjacent customer parking plus 8 basement spaces on title
Net lease with tenant paying outgoings as per the lease, including property management fees
Friendly Grocer branded, part of the Metcash network who have the strength of over 1,600 independently owned stores, under different brands
Limited supermarket and convenience retail competition in the immediate vicinity
Net Income $84,872 pa + GST (as at 1 July 2022)

For Sale by Auction
Tuesday 29 March 10.30am (AEDT)
Yallamundi Rooms, Sydney Opera House