46-52 Market Street,
Merimbula, NSW 2548
Shops & Retail • Offices
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
CBRE - NSW
Level 21, 363 George StreetSYDNEY, NSW 2000
46-52 Market Street
Merimbula, NSW 2548
Map of 46-52 Market Street
Prominent Freestanding CBD Investment
- 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 by Private Treaty.
The property has the following investment highlights:
+ Multi-tenanted retail investment offering diverse income streams with a high 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: $297,030 pa* + GST
For Sale by Private Treaty
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 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: $297,030 pa* + GST
For Sale by Private Treaty
Please contact the exclusively appointed Burgess Rawson team for more information
*Approx
Merimbula, 2548 demographic data
The median household income for Merimbula is $1,146, 20% lower than Regional New South Wales's household income of $1,434. Merimbula has an older age profile compared to the rest of Regional New South Wales (median age 54 vs 43). Property ownership data shows 33% of property owners in Merimbula have a mortgage.
3,821
Population
$1,146 per week
Median household income
54 years
Median age
Owners
Most residents
Families
Most households
CBRE - NSWLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
More properties from CBRE - NSW
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
IGA + Liquor, 136 Island Point Road,St Georges Basin, NSW 2540 2077 m²Shops & Retail • Medical & Consulting • Showrooms & Large Format Retail
Contact Agent
Liquorland, 28 Park Street,Woonona, NSW 2517 454 m²Shops & Retail • Hotel, Motel & Leisure • Showrooms & Large Format Retail