48 Rainbow Beach Road Rainbow Beach, QLD 4581

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
• The only suburban shopping centre in Rainbow Beach, capturing both local demand and significant tourist influxes
• Landlord favourable net lease structures, with tenants responsible for all outgoings (excluding land tax)

*Approx