Commercial Property for Sale - Narrabundah Shops

9 days ago

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Summary

Long Established Shopping Centre in High Income Area

About the Business

PLEASE NOTE: This is a commercial property sale only - NOT a business!

For sale by private treaty - POA

Narrabundah Shops:
6 Iluka Street, Narrabundah, Section 28, Block 4
&
8 Iluka Street, Narrabundah, Section 28, Block 5
&
12 Iluka Street, Narrabundah, Section 28, Block 7

LONG-ESTABLISHED SHOPPING CENTRE IN HIGH-INCOME AREA LOCATION.

Features Include:
* Approximately 1,000 SQM lettable space.
* Leased to long term tenant – Narrabundah Grocery Store to 31/8/27.
* CPI annual increases.
* Current rent PA of $377,742.06 + GST – INCLUDES OUTGOING PAYMENTS
* Rates $61,117 PA 70% paid by tenant
* Water & Sewerage $4,549.26 PA 100% paid by tenant
* Insurance $6,703.41 PA

All information has been provided in good faith as accurate, however, Canberra Commercial Property Sales & Leasing cannot guarantee the complete accuracy of the details provided. All buyers should make their own enquires to confirm the accuracy of details provided before purchasing the property.

All enquiries are to be directed to Canberra Commercial Property Sales & Leasing. Please contact the agent below for further details.
Shane Toohey
M: 0481 381 608
E: [email protected]

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