Affordable National Branded Retail Investment. Core CBD Retail Location.
Description
Secure 6 year lease to June 2020 plus option to 2026.
Sports Power: national sporting retail brand with circa 135 stores.
Modern versatile 421 sqm premises over two levels.
Core CBD position on Merimbula’s main retail strip surrounded by national tenants including Woolworths, McDonald’s, CBA, Westpac and close to Merimbula’s scenic waterways.
Major coastal town, established & growing residential population.
Popular tourist destination for Sydney, Melbourne (flights daily) and Canberra holiday makers.
Easily managed single tenant investment.
Estimated Net Income: $92,440 pa + GST.