Sarina IGA

13 Sarina Beach Road, Sarina, QLD, 4737, AU

Description

A Dominant Neighbourhood Centre Anchored by IGA & KHub

100% occupied dual anchored neighbourhood shopping centre.
64% of the centre GLA is anchored by IGA and KHub.
$44.7 Million Total Centre MAT (excl. GST).

JLL is pleased to present for sale Sarina Beach Road Shopping Centre - a rare opportunity to acquire a fully leased, dual-anchored neighbourhood centre strategically positioned in the heart of Sarina, Queensland.

The Centre spans a prominent 21,419sqm* site with over 230m* of frontage to Sarina Beach Road - the sole arterial connecting Sarina to the Bruce Highway and surrounding coastal townships. The centre is Anchored by Cornetts IGA (Metcash guaranteed) and the only KHub discount department store in the region. The offering is further supported by 16 additional specialty and essential-service retailers.

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Attributes

Occupancy

100%

Land area gross

230,552 sf

Zoning

Approved for expansion - 275sqm pad site

Call for offers

08/20/2025

Media

Investment highlights

Key investment highlights include:

National covenant strength: 81%* of GLA secured by national/chain tenants.
High-performing anchor tenants: IGA Sarina reported $24.5m MAT* and a low 3.7%* gross occupancy cost ratio.
Significant landholding: 2.14ha* freehold site with 318* on-grade car parks and pad site redevelopment potential.
Irreplaceable market position: The only supermarket and DDS offering between Yeppoon and Mackay.
Development upside: Approved zoning and underutilised land provide scope for expansion including a future 275sqm* pad site.
Strong income profile: Net income of $1,810,285 p.a.* underpinned by national operators including IGA, KHub, The Reject Shop, Sullivan Nicolaides, and Liquorstax.

Sarina Beach Road Shopping Centre is available for sale via an Expressions of Interest campaign, closing Thursday, 21st August 2025 at 4pm (AEST).

*approximate as at 30 September 2025