Commercial Property For Sale - Narrabundah Shops

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Narrabundah, Australian Capital Territory 2604

Open to offers

Key Features

AI generated. Contact seller to confirm.

Approximately 1,000 SQM lettable space
Leased to Narrabundah Grocery Store until 31/8/27
CPI annual increases
Rates $61,117 PA, 70% paid by tenant
Water & Sewerage $4,549.26 PA, 100% paid by tenant
Insurance $6,703.41 PA

Turnover: $377,742.06
Net Profit: Not disclosed
Rent/Lease: Lease in place
Stock Value: Not disclosed
Established: Long-established

Business Details

Business Category

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: XXXXXXXXXX
E: XXXXXXXXXX