46-52 Market Street,
Merimbula, NSW 2548
Shops & Retail • Offices
Price information
Sale - Auction Tue 17 Sep
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$290,024
Number of Tenants
7 Tenants
Tenants / Type
Retail
Auction
Private inspections
to arrange a private inspection.
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh StreetSYDNEY, NSW 2000
46-52 Market Street
Merimbula, NSW 2548
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 ©
Prominent Freestanding CBD Investment | Attractive High 8% Yield Anticipated
- Highly Exposed Main Street Freehold
- Significant Development Upside (STCA)
- Desirable Net Leases + Rental Uplift
Burgess Rawson is pleased to offer 'The Galleria Arcade' at 46-52 Market Street, Merimbula for sale via our Investment Portfolio Auction 171.
The property has the following investment highlights:
+ Multi-tenanted retail investment offering diverse income streams with a high 8% net yield anticipated
+ Significant 1,309sqm landholding improved with well maintained 839sqm freehold retail premises
+ Strategic CBD location in close proximity to national tenants including Woolworths, McDonalds, Commonwealth Bank, Total Tools, Mitre 10 & Australia Post
+ Easy access to council car parking to the rear of the building as well as ample on street parking available
+ Attractive E2 commercial centre zoning providing potential future development upside (STCA)
+ Merimbula: year round coastal tourist hotspot for Sydney, Melbourne, Canberra and other holiday makers
+ Bega Valley Shire: fast growing jewel of the NSW's south coast, population is forecast to grow by 10.42% by 2036
+ Desirable net leases in place
+ Net Income: $290,024 pa* + GST
To be sold by Investment Portfolio Auction
10:30 am AEST Tuesday, 17 September 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed Burgess Rawson team for more information
*Approx
The property has the following investment highlights:
+ Multi-tenanted retail investment offering diverse income streams with a high 8% net yield anticipated
+ Significant 1,309sqm landholding improved with well maintained 839sqm freehold retail premises
+ Strategic CBD location in close proximity to national tenants including Woolworths, McDonalds, Commonwealth Bank, Total Tools, Mitre 10 & Australia Post
+ Easy access to council car parking to the rear of the building as well as ample on street parking available
+ Attractive E2 commercial centre zoning providing potential future development upside (STCA)
+ Merimbula: year round coastal tourist hotspot for Sydney, Melbourne, Canberra and other holiday makers
+ Bega Valley Shire: fast growing jewel of the NSW's south coast, population is forecast to grow by 10.42% by 2036
+ Desirable net leases in place
+ Net Income: $290,024 pa* + GST
To be sold by Investment Portfolio Auction
10:30 am AEST Tuesday, 17 September 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed Burgess Rawson team for more information
*Approx
Property ID: 504662400Last Updated: 12 Sep 2024
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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