40 Stanley Street

Collinsville QLD 4804

The only shopping centre in Collinsville, and is anchored by full-line Cornetts IGA, who have leased at the centre since 1995 and have recently renewed for a further 10 years to 2032
Supported by a longstanding bakery (1999) and hairdresser (2017)
1,411sqm* of building area on a 3,414sqm land parcel with corner frontage to Collinsville's two main streets
Providing 34 on-site car parks
Estimated Fully Leased Net Income of $203,776 + GST p.a.
WALE (by income) of 8.15 years

|WHERE|

Situated at the heart of Collinsville, located 90km West of Airlie Beach
Recent major investment includes a $100m Solar Farm opened in 2022, employing over 120 residents full-time.
Collinsville is traditionally a mining town with a history dating back to 1921 and just over 1,200 residents today, with current mining projects including Glencore's Open Cut Mine (3km), Sonoma Coal Mine (11km) and Drake Coal Mine (20km)
Just 1km from the shopping centre is the 400-person Sodexo Village Camp which provides accommodation for the nearby mines.

|WHY|

Cornetts are the largest operator of IGA's in Queensland with over 30 stores across the state and are 45% owned by ASX-listed Metcash
First time offered to market in over 25 years
An outstanding entry-level IGA investment with landlord favourable net leases
The only supermarket in an 80km radius, and along the key connector, State Route 77