{"id":15068,"date":"2012-11-04T17:30:56","date_gmt":"2012-11-04T07:30:56","guid":{"rendered":"http:\/\/southburnett.com.au\/news2\/?p=15068"},"modified":"2024-03-21T15:17:09","modified_gmt":"2024-03-21T05:17:09","slug":"kingaroy-shopping-centre-for-sale","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2012\/11\/04\/kingaroy-shopping-centre-for-sale\/","title":{"rendered":"Kingaroy Shopping Centre For Sale"},"content":{"rendered":"<figure id=\"attachment_15075\" aria-describedby=\"caption-attachment-15075\" style=\"width: 740px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2012\/11\/20121104supaiga1.jpg\"><img loading=\"lazy\" class=\"wp-image-15075\" title=\"20121104 Supa Iga complex\" src=\"http:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2012\/11\/20121104supaiga1.jpg\" alt=\"\" width=\"740\" height=\"277\" srcset=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2012\/11\/20121104supaiga1.jpg 620w, https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2012\/11\/20121104supaiga1-300x112.jpg 300w\" sizes=\"(max-width: 740px) 100vw, 740px\" \/><\/a><figcaption id=\"caption-attachment-15075\" class=\"wp-caption-text\">&#8220;Kingaroy Town Centre&#8221; is located on the corner of Avoca and Kingaroy streets, Kingaroy<\/figcaption><\/figure>\n<p><strong>November 4, 2012<\/strong><\/p>\n<p>Expressions of interest are being sought from buyers interested in purchasing &#8220;Kingaroy Town Centre&#8221; &#8211; the complex that houses SupaIGA, Dominos, Target Country, Dollars &amp; Sense and 64 car parking spaces in Avoca Street.<\/p>\n<p>Agents Colliers International, from Brisbane, said the ongoing success of the investment would be driven by &#8220;the substantial projected population growth which is underwritten by some $40 billion in resource projects committed to proceed in the surrounding Surat Basin&#8221;.<\/p>\n<p>The buildings were completed four years ago.<\/p>\n<p>According to the agents, <strong><a href=\"http:\/\/rca.colliers.com.au\/property-retail-qld-kingaroy-500510191\" target=\"_blank\" rel=\"noopener\">Kingaroy Town Centre<\/a><\/strong> offers:<\/p>\n<ul>\n<li>Income security with long-term registered lease covenants to four substantial national retail tenants<\/li>\n<li>Central CBD position with exposure to substantial traffic along the D\u2019aguilar Highway (leading to Brisbane) every day;<\/li>\n<li>Long term income stability and security with set rental increases every year;<\/li>\n<li>Capital growth via each tenants\u2019 annual rent reviews;<\/li>\n<li>Moderate rent levels which allow for long-term income growth;<\/li>\n<li>Low maintenance modern air-conditioned building with substantial tax deductions;<\/li>\n<li>Future ability to group title the complex, subject to council approval;<\/li>\n<li>A tenancy mix which is well adjusted to suit the Kingaroy income demographic;<\/li>\n<li>Essentially a passive, management free investment with no rent arrears; and<\/li>\n<li>A motivated vendor who wants to sell a blue chip asset at a time when interest rates are below 6 per cent.<\/li>\n<\/ul>\n<p>Current net income is $1.09 million.<\/p>\n<p><strong>Expressions of interest close at 4:00pm on December 7.<\/strong><\/p>\n<figure id=\"attachment_15076\" aria-describedby=\"caption-attachment-15076\" style=\"width: 740px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2012\/11\/20121104supaiga2.jpg\"><img loading=\"lazy\" class=\"wp-image-15076\" title=\"20121104 Dominos\" src=\"http:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2012\/11\/20121104supaiga2.jpg\" alt=\"\" width=\"740\" height=\"414\" srcset=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2012\/11\/20121104supaiga2.jpg 620w, https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2012\/11\/20121104supaiga2-300x168.jpg 300w\" sizes=\"(max-width: 740px) 100vw, 740px\" \/><\/a><figcaption id=\"caption-attachment-15076\" class=\"wp-caption-text\">The second half of the complex houses Dominos, Dollars &amp; Sense and Target Country<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Expressions of interest are being sought from buyers interested in purchasing &#8220;Kingaroy Town Centre&#8221;<\/p>\n","protected":false},"author":20,"featured_media":15075,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,3],"tags":[21],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - 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