Supermarket
—
CBRE
Sold
IGA Local Grocer Kanwall
10/258 Wallarah Road, Kanwal, NSW 2259
Property Description
IGA Local Grocer Kanwall is a Supermarket property located in Kanwal, NSW that was sold for $3,790,000 on 12 May 2026, with the transaction facilitated by CBRE. The property 1,050 m² of building area, equating to $3,610 per square metre. The property was leased to IGA and generated an estimated net income of $250,329. The investment reflected a reported yield of 6.61% at the point of transaction.
Key Metrics
Sale Price
$3,790,000
12 May 2026
Yield
6.61%
Net Income $250,329
Land
—
—
Building
1,050 m²
$3,610/m²
Net Income
$250,329 p.a.
Multitenant tenancy
Parking
—
Rate —
Address & Location
| Full Address | 10/258 Wallarah Road, Kanwal, NSW 2259 |
|---|---|
| Suburb | Kanwal |
| State / Postcode | NSW 2259 |
| Metro / Regional | — |
| Property ID | MBLnZ6o |
Asset & Physical
| Asset Type | Supermarket |
|---|---|
| Transaction | Sold |
| Zoning | — |
| Year Built | — |
| Tenancy | Multitenant |
Sale & Metrics
| Sale Price | $3,790,000 |
|---|---|
| Sale Date | 12 May 2026 |
| Net Income | $250,329 |
| Yield | 6.61% |
| Land Area | — |
|---|---|
| Land Rate | — |
| Building Area | 1,050 m² |
| Building Rate | $3,610/m² |
Lease & WALE
| Rent Start | — |
|---|---|
| Rent End | — |
| Term (input) | — |
| WALE | — |
| Rent Reviews | — |
|---|---|
| Options | — |
| Lease Confirmed | |
| Leased / Vacant | Leased |
Reference Links & Map
Agents
Flyn McFall
CBRE
Ben Parsonage
CBRE
Darren Beehag
CBRE