195 Gorman Drive Googong NSW 2620
- 1,612 m²
- For Sale, Asking $7.5m (under offer)
Prime Local Centre Retail Investment - 9.7 Year WALE, 2.8% Vacancy
- 9.7 Year WALE based on Revenue
- First local centre for Googong
- Brand new building with depreciation
Googong is new master planned township located south-east of Queanbeyan and approximately twenty minutes from Canberra CBD.
The North Village Centre is Googong's first commercial centre offering a diverse range of small retail shops and services including Canons IGA supermarket, child care and a community center and more.
Read more about the Googong at http://googong.net/
Construction will be complete in May 2018.
The North Village Centre in Googong comprises 3 buildings. Today we are selling Building B which is a 2 level building with the following tenants currently organising fitouts:
+ Cannons IGA Supermarket - New 10 year lease
+ Cannons IGA Liquor - New 10 year lease
+ Hair Salon - New 10 year lease
+ 50sqm vacant
Whole First Floor:
+ Club Lime - The largest locally owned gym operator in the Canberra region
Building B has an estimated Net rent of $413,454 + GST per annum plus a estimated further $35,000 + GST per annum when the last remaining 70sqm is leased.
The total estimated net rent for the building is $453,867 + GST per annum (escalated annually in line with the respective leases)
Building B in the North Village Centre of Googong is for sale with an asking price of $7.5m showing an estimated net return of 6.05% per annum when fully leased.
Call Alex Smith now on 0409 007 649 or Chris Antos on 0422 837 647 to arrange an inspection.
|Floor Area||1,612 m²|
|Land Area||Ask Agent|
|Annual Return||Ask Agent|
|Last updated||14 May 2018|