Burgess Rawson is pleased to offer to the market 195 Gorman Drive, Googong NSW for sale via Expressions of Interest.

The property has the following investment highlights:

+ 10 year lease to IGA to 2028 plus options to 2038
+ IGA: Over 1,400 stores throughout Australia
+ Bustling precinct anchored by complimentary retail, cafes, hotel, schools and childcare
+ Attractive rent reviews up to 4% annually, providing consistent income growth
+ Built new in 2019, providing excellent tax depreciation benefits
+ Immaculately presented IGA including liquor plus two established tenancy’s
+ Supermarket on base rental, plus current ‘turnover rental upside’
+ Club Lime: ASX Listed Gym with over 120 locations nationwide
+ Googong: High growth satellite suburb of Canberra, with a population set to reach 18,000 by 2025^
+ Surrounding complimentary retail occupants including Domino’s, Gorman & Co Hotel, Café, Childcare and Googong Public School
+ Net Income: $571,644 pa* + GST

To be sold via Expressions of Interest closing 3pm AEDT Thursday 4 April 2024

Please contact the exclusively appointed sales team for more information.

*Approx
^googong.net