80-86 Goulburn Street,
Crookwell, NSW 2583
Shops & Retail
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Sold on
Map of 80-86 Goulburn Street
Affordable IGA Supermarket Investment - New 10 Year Lease + Options to 2042
- Net income: $270,000 pa + GST
- Fixed 2.5% annual rent increases
- Tenant pays outgoings as per lease
Brand new 10 year lease to 2027 plus 3 x 5 year options to 2042.
Head lease to Crookwell IGA Plus Liquor, subleasing to Crossroads Cafe.
IGA: 1,400 independently owned supermarkets across Australia.
Crookwell: part of the prosperous Goulburn region with a catchment population of circa 30,000.
Crookwell IGA Plus Liquor is a long standing dominant supermarket, with over 13 years in Crookwell and 45 km to the nearest competition.
The business has averaged 5% increases in annual growth over the past 5 years.
Wide 26 metre frontage in the centre of Crookwell's main retail precinct.
Recently refurbished double storey building, with tenant upgrades including installation of the bakery and equipment, floor coverings, refurbishment of the first floor offices, replacement of the roof and expansion of the fruit and veg aisle. Substantial Gross Floor Area of 1,819 sqm.
Convenient rear loading facilities and dedicated 22 car spaces at the rear.
Tenant pays all outgoings as per lease.
Guaranteed fixed 2.5% annual rent increases.
Net income: $270,000 pa + GST
Head lease to Crookwell IGA Plus Liquor, subleasing to Crossroads Cafe.
IGA: 1,400 independently owned supermarkets across Australia.
Crookwell: part of the prosperous Goulburn region with a catchment population of circa 30,000.
Crookwell IGA Plus Liquor is a long standing dominant supermarket, with over 13 years in Crookwell and 45 km to the nearest competition.
The business has averaged 5% increases in annual growth over the past 5 years.
Wide 26 metre frontage in the centre of Crookwell's main retail precinct.
Recently refurbished double storey building, with tenant upgrades including installation of the bakery and equipment, floor coverings, refurbishment of the first floor offices, replacement of the roof and expansion of the fruit and veg aisle. Substantial Gross Floor Area of 1,819 sqm.
Convenient rear loading facilities and dedicated 22 car spaces at the rear.
Tenant pays all outgoings as per lease.
Guaranteed fixed 2.5% annual rent increases.
Net income: $270,000 pa + GST
Property ID: 502421966Last Updated: 29 Aug 2017
02 6152 91...
80-86 Goulburn Street
Crookwell, NSW 2583
Burgess Rawson Canberra Commercial - Dickson501/23 Challis Street
DICKSON, ACT 2602
DICKSON, ACT 2602
Contact Agency
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
24 Orchard Street,Taralga, NSW 2580 850 m²Hotel, Motel & Leisure • Shops & Retail • Other