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SPAR, 149-153 Holloways Beach Access Road, Holloways Beach, Qld 4878

SPAR, 149-153 Holloways Beach Access Road, Holloways Beach, Qld 4878

Retail Industrial/Warehouse

  • For Sale
  • Contact Agent
  • For Sale

Affordable Freehold Supermarket | 100% Leased Complex

  • Affordable Freehold Supermarket
  • 10 Year lease to Spar Supermarkets
  • Attractive 7 Year WALE

  • Land Area
  • 3255.00 m² (approx)
  • Floor Area
  • 1,131 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Sep 29, 2022

Interested in this property? Contact an Agent today

Burgess Rawson - Melbourne

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Matthew Wright, Burgess Rawson - Melbourne
Matthew Wright
Knight Frank - Cairns

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Rob Macfarlane, Knight Frank  - Cairns
Rob Macfarlane
Burgess Rawson - Brisbane

Level 12, 127 Creek Street

Brisbane City Qld 4000

Neville Smith, Burgess Rawson - Brisbane
Neville Smith
Campbell Bowers, Burgess Rawson - Brisbane
Campbell Bowers

Affordable Freehold Supermarket | 100% Leased Complex

Affordable Freehold Retail Complex featuring four retail tenancies and three warehouses with attractive 7 year WALE.
Brand New 10 year lease to Spar Supermarkets to 2031 plus options through to 2041 which represents 68% of the income.
Spar Supermarkets: 13,500 Supermarkets across 48 countries and employing over 350,000 people.
Everyday service tenants include District Coffee Shop, Richards Takeaway and Hairdressers united providing an excellent mix of daily retail needs.
Attractive annual CPI increases to all tenancies.
Modern and well presenting 1,131sqm* building incorporating four retail tenancies and three warehouses.
A strategic and generous 3,255sqm* site with super exposure to Holloways Beach Access Road and 40+ on-grade carparks.
Holloways Beach: A short 10 minute drive from the Cairns CBD, famous for its pristine coastline and beaches.
Cairns: gateway to Australia’s Great Barrier Reef, economic output of $10.25 billion and Australia’s 5th largest regional city with a rapidly growing population of 168,449 people.
Estimated Net Income: $250,821* pa + GST.

For Sale by Offers to Purchase.

Please contact the exclusively

SPAR, 149-153 Holloways Beach Access Road, Holloways Beach, Qld 4878

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