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Burgess Rawson Canberra Commercial - Dickson

IGA, 195 Gorman Drive Googong, NSW 2620

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IGA, 195 Gorman Drive,
Googong, NSW 2620

Shops & Retail • Other • Showrooms & Large Format Retail

Price information

Sale - Expression of Interest

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$571,644
Number of Tenants
3 Tenants
Tenants / Type
IGA

Private inspections

to arrange a private inspection.
Burgess Rawson Canberra Commercial - Dickson
Guy Randell

Burgess Rawson Canberra Commercial - Dickson

501/23 Challis Street
DICKSON, ACT 2602
Burgess Rawson Canberra Commercial - Dickson
IGA, 195 Gorman Drive
Googong, NSW 2620

Map of IGA, 195 Gorman Drive

Directions
  • Bus stops within 5 km of IGA, 195 Gorman Drive, Googong, NSW 2620Distance
    The Anglican School Googong, Gorman Dr239 m
    Beltana Park, Beltana Av676 m
    61 Tempe Cres3.2 km
    185 Wickerslack Lane3.3 km
    Bicentennial Dr at Nicholii Loop4.2 km
    POWERED BY HERE ©
POWERED BY HERE ©

Premium IGA plus Liquor Centre Built New in 2019

  • 10 Year Lease to IGA
  • High Growth Suburb near Canberra
  • Rent Reviews up to 4% annually
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
+ 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, being 100% leased
+ IGA on base rental, plus current ‘turnover rental upside’
+ Club Lime: ASX Listed Viva Leisure with over 370 locations worldwide
+ Well established hair salon, having commenced at this address in 2019
+ Abundant common car parking servicing the Googong North Village Centre, immediately adjacent to Cannons IGA
+ Googong: High growth satellite suburb of Canberra, with a population set to reach 18,500 by 2030^, currently at 9,000 people
+ Important essential service asset, with complimentary occupants including Domino’s,
Gorman & Co Hotel, Café, Childcare and Googong Public School and Googong Health Hub including dentist, doctors, pharmacy & vet
+ Net Income: $571,644 pa* + GST (as at 1 May 2024)

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

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Property ID: 504531036Last Updated: 4 Apr 2024

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