46-52 Market Street,
Merimbula, NSW 2548
Offices • Shops & Retail
Price information
Sale - Expression of Interest
Expressions of Interest
Key property information
Floor area
Car spaces
Parking info
Tenure type
Private inspections
to arrange a private inspection.
Map of 46-52 Market Street
Bus stops within 5 km of 46-52 Market Street, Merimbula, NSW 2548 Distance Hylands Corner, Market St 40 m Twyford Hall, Market St 133 m Main St After Market St 168 m Merimbula Coach Stop, Park St 232 m Park St Merimbula NSW 257 m POWERED BY HERE ©
POWERED BY HERE ©
Merimbula Investment Opportunity - 93% leased, $306k annual net rent
Welcome to 46-52 Market Street, Merimbula – an unparalleled investment opportunity in the heart of this thriving coastal town. This single level retail and services building, strategically positioned on Merimbula's main street.
Discover the Unique Features:
* Strategic Exposure: Gain maximum visibility on Merimbula's main shopping street, ensuring your tenants enjoy a prominent position.
* Parking Convenience: 2 rear car parks, complemented by on street and extra rear public parking, providing seamless access for both tenants and customers.
* Diversified Income Stream: With an impressive 93% occupancy rate and income generated from 8 diverse tenants, this property promises a stable and varied revenue stream, adding to its appeal.
* NLA: Total net lettable area of approximately 839.4m2.
* Land Area: Land area of 1,289m2, this property provides a substantial footprint in a coveted location, ensuring ample space for potential future redevelopment or enhancements.
* Income: Fully leased with an annual net rent of approximately $306,840.
* Modernised Infrastructure: Recent upgrades to the arcade space and common areas of the building guarantee a contemporary and attractive environment for tenants.
Merimbula Airport is serviced by both Rex and Qantas, with 3 daily flights to Sydney and 2 to Melbourne.
The property is being sold via Expressions of Interest, closing at 3pm, Wednesday February 28, 2024.
For more information please contact Andrew Smith on 0409 600 4....
Discover the Unique Features:
* Strategic Exposure: Gain maximum visibility on Merimbula's main shopping street, ensuring your tenants enjoy a prominent position.
* Parking Convenience: 2 rear car parks, complemented by on street and extra rear public parking, providing seamless access for both tenants and customers.
* Diversified Income Stream: With an impressive 93% occupancy rate and income generated from 8 diverse tenants, this property promises a stable and varied revenue stream, adding to its appeal.
* NLA: Total net lettable area of approximately 839.4m2.
* Land Area: Land area of 1,289m2, this property provides a substantial footprint in a coveted location, ensuring ample space for potential future redevelopment or enhancements.
* Income: Fully leased with an annual net rent of approximately $306,840.
* Modernised Infrastructure: Recent upgrades to the arcade space and common areas of the building guarantee a contemporary and attractive environment for tenants.
Merimbula Airport is serviced by both Rex and Qantas, with 3 daily flights to Sydney and 2 to Melbourne.
The property is being sold via Expressions of Interest, closing at 3pm, Wednesday February 28, 2024.
For more information please contact Andrew Smith on 0409 600 4....
Property ID: 504500964Last Updated: 20 Mar 2024
04096004...
46-52 Market Street
Merimbula, NSW 2548
Civium Property Group3 Lonsdale Street
BRADDON, ACT 2612
BRADDON, ACT 2612
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