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46-52 Market Street Merimbula, NSW 2548

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46-52 Market Street,
Merimbula, NSW 2548

Shops & Retail • Offices

Price information

Sale

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$290,024
Number of Tenants
7 Tenants
Tenants / Type
Retail

Private inspections

to arrange a private inspection.

Map of 46-52 Market Street

Directions
  • Bus stops within 5 km of 46-52 Market Street, Merimbula, NSW 2548Distance
    Hylands Corner, Market St40 m
    Twyford Hall, Market St133 m
    Main St After Market St168 m
    Merimbula Coach Stop, Park St232 m
    Park St Merimbula NSW257 m
    POWERED BY HERE ©
POWERED BY HERE ©

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 7.7% 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: $290,024 pa* + GST

For Sale by Private Treaty


Please contact the exclusively appointed Burgess Rawson team for more information

*Approx

Property ID: 504662400Last Updated: 12 Dec 2024

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46-52 Market Street
Merimbula, NSW 2548

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