Located on the Tasman Highway and only 5 minutes from Derby’s world renowned mountain biking trails, the Branxholm IGA Supermarket is primely positioned to capitalise on the North East booming eco-tourism industry.

The business has a diverse product offering including petrol, hot and cold food and refreshments, as well as a being the only main chain supermarket within a 20km radius servicing the rural communities of Branxholm, Ringarooma, Welborough and of course Derby.

Backed by Australia’s leading independent retail grocery network the business benefits from IGA’s professional support network, promotional and marketing programs as well as volume buying and negotiating power. This along with growth in the local tourism industry has seen the business achieving turnover exceeding $2.4mil over the past two financial years.

Existing owners have also made significant capital investment in the property with 27kw solar system installed across the roof of the property and petrol pumps now offering both unleaded and diesel options to cater for passing 4WD and commercial vehicles.

There is a 3-bedroom residence at the rear of business premises which included generous living room with kitchen off, bathroom with bath, shower, and vanity and with a separate laundry. 105m2 4 bay shed is also in place at the rear of the 2,000m2 block, which gives the option for further development of the property to complement the existing improvements (STCA).

Being offered for sale on a freehold going concern basis this property offers the perfect combination of a strong income stream and lifestyle living in the state’s hottest eco-tourism region.

- Located on the Tasman Highway with off street parking available at front of premises
- 7km from Derby’s famous mountain bike trails and camping
- Diverse range on income streams including groceries, petrol, and takeaways
- 27 kw solar system fully installed
- $2.4mil annual turnover
- Expected freehold yield circa 25%
- Live on site with 3-bedroom residence
- Untapped potential for further development of the generous 2000m2 site
- Only chain supermarket within 20kms
- Substantial plant & equipment included in sale

To learn more about this property, contact Andy at Howell Property Group.

Howell Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee its validity. Prospective purchasers are advised to carry out their own investigations.