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Crn Franklin Street and Flinders Way Griffith ACT 2603

  • Shop & Retail
  • 6,747 m²
  • For Sale, Contact Agent

Rare Inner-City Canberra Neighbourhood Centre

    Stonebridge is pleased to present for sale Manuka Terrace, a rare inner-city Canberra neighbourhood shopping centre.

    The key highlights of the opportunity include:

    + Trophy 6,747sqm* Coles anchored neighbourhood centre located 5km* from Canberra Civic
    + Dominant town centre position with abundant income producing parking for 519* vehicles
    + Highly affluent main trade area (MTA): per capita income level 84% in excess of Australian average^
    + MTA population forecast to grow by 2.0% pa to 2036 (Australian average 1.4% pa)^
    + Non-discretionary, food & services tenancy mix: 70%* of gross rent secured to Coles, Liquorland, McDonalds, Australia Post and major banks
    + Strong income growth potential: Coles & McDonalds in excess of turnover thresholds + attractive specialty growth provisions
    + Estimated fully leased NOI of $3.73m pa, with significant value-add potential

    *Approximate ^Location IQ

    To discuss in further detail, or to arrange a presentation or inspection, please contact the exclusive selling agents Carl Molony on +61 439 032 028 or Jonathan Fox on +61 402 147 780.

    Manuka Terrace is for sale by International Expressions of Interest closing 4pm (AEST) on Wednesday 8 May 2019.

    Property Highlights

    Property ID2015118978
    Floor Area6,747 m²
    Land AreaAsk Agent
    Parking519 x Onsite parkings
    Building TypePartial building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  30 Sep 2019
    Map for Crn Franklin Street and Flinders Way Griffith ACT 2603
    Map for Crn Franklin Street and Flinders Way Griffith ACT 2603Crn Franklin Street and Flinders Way Griffith ACT 2603
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

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    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Property Highlights

    Property ID2015118978
    Floor Area6,747 m²
    Land AreaAsk Agent
    Parking519 x Onsite parkings
    Building TypePartial building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  30 Sep 2019
    Stonebridge Property Group
    Level 29, 420 George Street Sydney NSW 2000

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