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48 Rainbow Beach Road, Rainbow Beach, Qld 4581

48 Rainbow Beach Road, Rainbow Beach, Qld 4581

Retail

  • Sold Contact Agent
  • Fri 05-Aug-22

  • Land Area
  • 2369.00 m² (approx)
  • Floor Area
  • 949 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Oct 07, 2022

Additional Details


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Ray White Commercial - Queensland

Level 26, 111 Eagle Street

Brisbane City Qld 4000

Ray White Commercial - Noosa & Sunshine Coast North

Suite 204, 90 Goodchap Street, Noosaville, Qld 4566 & Suite 1, 27 Sixth Avenue

Noosaville Qld 4566

David Brinkley, Ray White Commercial - Noosa & Sunshine Coast North
David Brinkley
Paul Butler, Ray White Commercial - Noosa & Sunshine Coast North
Paul Butler

IGA Anchored & Only Shopping Centre In Catchment

Ray White Commercial are pleased to present Rainbow Beach Shopping Centre. On offer is an IGA anchored centre prominently located in the tourism hub of Rainbow Beach.

|WHAT|
• Securely anchored by an IGA supermarket, which has recently renewed for a further 5 years to 2027
• Supported by a complementary mix of 6 daily needs tenants
• 949sqm* of building area on a 2,369sqm land parcel with three street frontage facing the only road into Rainbow Beach
• Providing 36 on-site car parks (1:26* ratio) along with ample street parking
• Estimated fully leased net income $324,186* + GST p.a.
• WALE (by income) of 3.56 years

|WHERE|
• Just 50km North of Noosa Heads, Rainbow Beach is a renowned tourist destination and sees over 70,000 visitors p.a.
• Rainbow Beach is the gateway to Fraser Island, with the Inskip Ferry located just 10km north, being accessed exclusively through Rainbow Beach


|WHY|
• The high-performing IGA supermarket is run by an experienced multi-store operator who has occupied this centre for 16 years (2006)
• A high-performing IGA supermarket, that has recently undergone a circa $300,000 fitout

48 Rainbow Beach Road, Rainbow Beach, Qld 4581

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