Skip to main content
SearchBack to results

123 & 127 Flynn Circuit Bellamack NT 0832

  • Shop & Retail
  • 2,920 m²
  • For Sale, High Circa 7 to 8 percent Yield Anticipated

Fully Leased Neighborhood Center Investment BWS 10 Year Lease with 3 x options.

  • Adjoining a “ALH Group” Hotel
  • Lease to BWS with 3 x 10-year options
  • Fixed annual rental increases

123 & 127 Flynn Circuit, Bellamack (Darwin) NT
Two properties offered together or separately.

Property Highlights
High Circa 7-8+ % Yield Anticipated
Superb location seamlessly adjoining a "ALH Group" Hotel
Mix of highly popular local tenants
Anchored by 10 Year Lease to BWS with 3 x 10-year options
Popular center located next to State School
Fixed annual rental increases

Description
123 Flynn Circuit, Bellamack (Darwin) NT
Four Tenants inc BWS
Property area of 1,530 sqm and GLA of 425sqm
Net Income: $134,273* pa + GST

127 Flynn Circuit, Bellamack (Darwin) NT
Four Tenants
Property area of 1,390 sqm and GLA of 768sqm
Net Income: $231,535* pa + GST

$360,418 p.a. total nett income plus $5,177* from advertising signboard.
No Land Tax payable in Northern Territory
Two properties (and signboard) offered together or separately.
Both properties are fully let, offering modern single level retail tenancies.

These near new retail properties are part of a UDIA award winning master planned development consisting of 70 apartments, restaurants, Hair & Beauty, Cafe´s, Bottle Shop, Office space & the Bell Bar and Bistro.

The assets offered comprise of two separate strata title properties with multiple retail / commercial tenancies. Positioned to a busy main road with 3 street frontages and 64 on site car spaces.

BELLAMACK: Modern, established residential area on the fringe of Palmerston. The second largest city in the Northern Territory, Palmerston is a young, vibrant regional hub with a fast-growing future. Located 20kms from the Territory's capital Darwin, Palmerston is a diverse community with many young families calling the city home.

*approximately
Outlines on images are indicative only

For Sale via Negotiation

Property Details
Listing - Sale
Current Tenant - Tenanted
Occupancy Type Mixed

Disclaimer
Urban DCA has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advice or as is otherwise necessary. No duty of care is assumed by Urban DCA divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Mason Kidman
Urban DCA PTY LTD
Mason Kidman
Urban DCA PTY LTD

Property Highlights

Property ID2017055164
Floor Area2,920 m²
Land AreaAsk Agent
EnergyAsk Agent
Parking64 x Onsite parkings
Building TypePartial building
Annual Return360418%
AvailabilityTenanted
Category
Last updated  22 Jun 2021
Map for 123 & 127 Flynn Circuit Bellamack NT 0832
Map for 123 & 127 Flynn Circuit Bellamack NT 0832123 & 127 Flynn Circuit Bellamack NT 0832
Mason Kidman
Urban DCA PTY LTD
Mason Kidman
Urban DCA PTY LTD

Property Highlights

Property ID2017055164
Floor Area2,920 m²
Land AreaAsk Agent
EnergyAsk Agent
Parking64 x Onsite parkings
Building TypePartial building
Annual Return360418%
AvailabilityTenanted
Category
Last updated  22 Jun 2021
Urban DCA PTY LTD
56 Ashmore Rd Bundall QLD 4217
Mason Kidman
Urban DCA PTY LTD
Mason Kidman
Urban DCA PTY LTD
Mason Kidman

Mason Kidman

Urban DCA PTY LTD

0402 *** ***
0402 125 782
Contact Agent