Raine & Horne Commercial Canberra are pleased to offer Units 15-18 Bonython Shops for sale / lease, which comprise a mix of vacant and tenanted premises, providing flexibility for retail tenants, owner occupiers or passive investors.
Located just 2km from Tuggeranong Town Centre and situated directly adjacent to Bonython Primary School, this small but mighty local shopping centre services the significant catchment of 4,000+ residents from Bonython and the surrounding suburbs.
• Units 15, 16 & Part 17 (approx. 205sqm) are currently vacant. This ground floor tenancy was formerly occupied by a grocery store (trading as Bonython Express Supermarket and Local Liquor. The premises currently comprises a full supermarket fit-out including counters, shelving, cool room, fridges, etc. and even some leftover stock. These items can be provided to the incoming tenant or cleared out if required.
• Part 17 (approx. 53sqm) is leased to Abbey's Island Taste on the below terms:
- Lease Commencement: 1 May 2023
- Lease Term: 3 years
- Commencing Rent (pa ex GST): $17,454pa +GST
- Option Periods: 2 years
- Rent Review Structure: 3% per annum
• Unit 18 (approx. 86sqm) is leased to Indy & Co Hair on the below terms:
- Lease Term: 1 Oct 2020 - 30 Sep 2023
- Commencing Rent: $21,500pa +GST
- Option 1: 1 Oct 2023 - 30 Sep 2026
- Rent Review Structure: Rent to be adjusted annually in-line with CPI during the term of the lease, exercise of the option period and during the term of the option period
- Passing Gross Rent: $23,788pa +GST
Raine & Horne Commercial Canberra are offering the vacant 205sqm (Units 15, 16 & Part 17) for lease to a retail operator.
This space can also be purchased (along with Part of Unit 17, providing rental income from Abbey's Island Taste).
If 205sqm is too large, the space can be subdivided into two units of 100sqm (to be used as a convenience store) and 105sqm (which can be used for general shop / retail use).
Unit 18 can be purchased separately as a 100% leased tenanted investment, or bundled with Units 15, 16 & 17 if required.
To discuss the opportunities on offer, for further information or to arrange a private inspection, please contact the exclusive agent; Mark Nicholls of Raine & Horne Commercial Canberra on 0417 239 551.
