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Unit 1-4/2 Farrer Place Farrer ACT 2607

  • Shop & Retail
  • 242 m²
  • For Sale, POA

Investment Opportunity - Farrer Shops

    The Farrer Shopping Center offers a good mix of tenants including an IGA Supermarket, pet grooming, hairdresser, accountant, two restaurants, and the popular Fox and Bow cafe.
    Located close to Yamba Drive and the suburbs of Isaacs, Mawson and Torrens, this is a busy local shopping precinct in an established suburb.

    Investment Sale- Farrer Shopping Centre
    Situated in the heart of Farrer, this complex has a strong mix of businesses that attract people to the Centre,

    The Investment Sale includes two operational restaurant tenancies.
    *Unit 1- is leased out until10 March 2021 with a 4-year option to follow to an Asian restaurant
    *Unit 2,3 & 4- is leased out until the 1st September 2022 with a further 5 year option to a Nepalese restaurant.

    Both tenancies offer their own kitchenette, cool room, heating/cooling system, dining space and access to both female and male toilets
    The units look out to the often busy front car park as well as plenty of parking surrounding the centre.
    Other features include:
    * Annual gross rent approx. $110,522 + GST P.A
    * Annual CPI rent increases
    * Annual outgoings approx. $14,402 P.A
    * Unit size -Unit 1- approx 86m2 Unit 2-4 approx. 158m2
    * Air conditioning throughout
    * Front and Rear entrances/exits
    * Internal bathrooms for patrons

    The remainder of the complex is tenanted by a number of retail and personal service clients.

    For more information, or to arrange an inspection contact David Grimmond

    Property Highlights

    Property ID2016695937
    Floor Area242 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  14 Dec 2020
    Map for Unit 1-4/2 Farrer Place Farrer ACT 2607
    Map for Unit 1-4/2 Farrer Place Farrer ACT 2607Unit 1-4/2 Farrer Place Farrer ACT 2607
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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 ID2016695937
    Floor Area242 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  14 Dec 2020
    Civium Property Group - Commercial
    17-23 Townshend Street Phillip ACT 2606

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