1 Maluka Drive,
Palmerston City, NT 0830

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SOLD - Multi-tenanted Retail Investment

This property recently SOLD AT AUCTION, if you have a similar enquiry please contact the Colliers International Retail.

The subject property is situated on the corner of Temple Terrace and Maluka Drive within the heart of the Palmerston Town Centre and is currently tenanted by national family restaurants, Hungry Jack’s and KFC.

This highly exposed property represents a unique opportunity in one of the most sought after locations in the Northern Territory.

• Brand new lease commenced: 1 July 2009, 10 years plus 3 x 5 year option period

• Building areas: Hungry Jack’s 183m² (approx.) & KFC 204m² (approx.)

• Site area: 3,940m² (approx.) including 47 car spaces

• Current passing rent: $328,616 p.a. (approx.) plus GST (as at Jul 2009)

Property ID: 5580510Last Updated: 21 Nov 2016

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