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LJ Hooker Commercial - North NT

29/90 Frances Bay Drive Stuart Park, NT 0820

Directions

29/90 Frances Bay Drive,
Stuart Park, NT 0820

Offices

Price information

Sale

$692,272

Key property information

Floor area

Property extent

Tenure type

Return

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$50,189
Number of Tenants
1 Tenant
Tenants / Type
Foundation Recruitment

Private inspections

to arrange a private inspection.
LJ Hooker Commercial - North NT
Ryan Doyle
Lee Doyle

LJ Hooker Commercial - North NT

Suite 1, 25 Parap Road
PARAP, NT 0820
LJ Hooker Commercial - North NT
29/90 Frances Bay Drive
Stuart Park, NT 0820

Map of 29/90 Frances Bay Drive

Directions
  • Bus stops within 5 km of 29/90 Frances Bay Drive, Stuart Park, NT 0820Distance
    Tipperary Waters208 m
    Guy Street404 m
    Meigs Crescent594 m
    Gothenburg Crescent611 m
    Margaret Street698 m
    POWERED BY HERE ©
POWERED BY HERE ©

Leased Investment – Boutique Office Suite

  • City fringe commercial complex
  • Nett income of $50,189.72 per annum
  • Abundant onsite car parking
Unit 29 is a 193 square metre commercial office, it is positioned on the first floor and is on the marina side of the building, it includes a balcony that looks over the marina. This unit is efficiently configured, It is mostly open plan with a meeting room and office next to the reception, the tenancy includes a kitchen, toilets and a storeroom.
Leased to Foundation Recruitment who are a recruitment and labour services business who have office in Queensland and Darwin.
The three year lease commenced 1 October 2023 and runs till 30 September 2026. The current passing rent is $67,550 + GST, and the net annual income is $50,189.72.
“France Bay Village”, 90 Frances Bay Drive is a two story commercial complex on approximately 6,690 square metres of “Specific Use Darwin 10” zoned land. The complex optimizes the frontage to Frances Bay Drive with the building positioned along the building including 20 60 degree car parks directly accessed from France Bay Drive. This complex offers 67 off street car parks so there are always car parks available.
Tipperary Waters is a tidal locked marina estate, offering marina berths, low and medium residential, and commercial office and retail properties. Frances Bay Village is positioned on the western side of Tipperary Waters Marina Estate, it enjoys the frontage to France Bay Drive which acts as a service road to Tiger Brennan Drive and links through to the water body of the marina.
Tipperary Waters Marina Estate is a highly sought after location at the eastern most side of Stuart Park. Positioned on the eastern side of Tiger Brennan Drive.
This location is convenient for both in bound and out bound travelers with signalized intersections of Tiger Brennan Drive and Gonzales Road to the north and Frances Bay Drive to the south. Located within the Frances Bay precinct this location is a strong balance of waterfront commercial activities and prestige residential properties.
• 1.3 radial kilometres north east of the Darwin CBD.
• Adjacent to the east of Tiger Brennan Drive.
For more information on this outstanding investment please contact Lee Doyle 0403 348 2... ldoyle@ljhnc.com.au or Ryan Doyle 0405 192 3... rdoyle@ljhnc.com.au.

Property ID: 504566400Last Updated: 20 May 2024

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