IGA Supermarket coming to the Zone Centre, Maroochydore
The Zone Centre in Maroochydore on the Sunshine Coast has secured supermarket chain IGA Supermarket as a tenant.
IGA replaces former tenant WOW Sight & Sound. The 982 square metre supermarket site in Wises Road has been leased for 15 + 7 + 7 years. Industry sources estimate the annual rental to be about $250 per square metre.
The lease was negotiated by Daniel Vella of Ray White Commercial.
The Zone Centre’s owner is Arkadia Property Services. Arkadia's general manager Peter Cortis-Jones said the additional investment of close to $2 million on the centre was an investment worth making.