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22 Tarkarri Road Batchelor NT 0845

  • Retail
  • 750 m²
  • For Sale, $812,500 (10.5% return)

High Yielding Freehold Commercial Investment!

  • 10.5% net investment
  • Long standing and successful Tenant
  • Substantial land and improvements

Batchelor is located 95 kilometres south of Darwin on the way to Litchfield National Park, and west of the Stuart Highway.

22 Tarkarri Road is located in the geographical centre of Batchelor.&#xD&#xD The Batchelor General Store is the Tenant and a long standing successful business catering to a captive market. The building is 750sqm (approx.) positioned on a 3,870sqm commercial (C) zoned site.

The improvements consist of the two petrol bowsers and canopy, the General Store that is 300sqm (approx.), takeaway store of 100sqm (approx.) with a full commercial kitchen installed, the back of house area that consists of toilets, cold rooms, and store rooms. Additionally, there is Australia Post facilities with a bank of 259 Po Boxes down one side of the building.

There is a 5 year Lease in place that commenced in 2017 with 2 x 5 year options and a current passing net income of $85,312 + GST per annum.

For more information please contact Ryan Doyle 0405 192 389 or Lee Doyle 0403 348 243 at North Commercial NT.

Property Highlights

Property ID2015409840
Floor Area750 m²
Land AreaAsk Agent
Parking100 x Onsite parkings
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  9 Jul 2019
Map for 22 Tarkarri Road Batchelor NT 0845
North Commercial NT
12/90 Frances Bay Drive Stuart Park NT 0820

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