



Situated on a prominent corner allotment, this high-quality commercial investment presents a secure, long-term opportunity, underpinned by two established and highly regarded national tenants. The property is fully leased to IGA Local Grocer and Australia Post, with leases commencing in October 2022 and secured through to October 2032. Both tenancies benefit from two (2) further renewal options of ten (10) years each, providing exceptional long-term income security. Both tenants are responsible for outgoings, delivering a strong net income stream with built-in rental growth. Located in the township of Paringa, approximately 246km north-east of the Adelaide CBD, the property services a key regional catchment and benefits from strong local demand for essential retail and postal services. Key Features: • Total building area of approximately 647sqm*, fully leased • IGA supermarket: approx. 380sqm* • Australia Post: approx. 112sqm* • Additional residence: approx. 155sqm* • Expansive 2,048sqm* landholding across two (2) titles on a high-exposure corner site • Zoned Township Activity Centre (TAC) - Renmark Paringa Council • Tenants pay outgoings (net lease structure) This is a rare opportunity to secure a dual-income investment backed by essential services, offering reliable income, fixed growth, and long-term lease security in a tightly held regional market. If you would like any further information or to view the property, please contact the agent to arrange an inspection. Michael Kourbelis 0452 239 633 * All areas/dimensions approximate. RLA 283100
Email enquiry to Raine and Horne Commercial and Business
Property ID: 505107852
Original Property ID: 505107852