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Urban Land Sales - DARWIN CITY

ONE 27 Flynn, 123 - 127 Flynn Circuit Bellamack, NT 0832

Directions

ONE 27 Flynn, 123 - 127 Flynn Circuit,
Bellamack, NT 0832

Shop & Retail • Offices • Hotel & Leisure

Price information

Sale

High Circa 7-8+ % Yield Anticipated

Key property information

Floor area

Car spaces

Property extent

Zoning

Municipality

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$360,418
Number of Tenants
8 Tenants
Tenants / Type
BWS (Beer Wine Spirits)

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Map of ONE 27 Flynn, 123 - 127 Flynn Circuit

Directions
  • Bus stops within 5 km of ONE 27 Flynn, 123 - 127 Flynn Circuit, Bellamack, NT 0832Distance
    Bellamack Seniors Village207 m
    Forrest Parade379 m
    Moulden Terrace381 m
    Flynn Drive479 m
    Moulden Shops583 m
    POWERED BY HERE ©
POWERED BY HERE ©

Fully Leased Neighborhood Centre Investment. BWS 10 Year Lease with option until 2056. Two properties offered together or separately.

  • High Circa 7-8+ % Yield Anticipated
  • 10 Year Lease to BWS plus options
  • Seamlessly adjoining a “ALH Group” Hotel
UDIA Award Winning Development
123 & 127 Flynn Circuit, Bellamack (Darwin) NT

Property Highlights
• High Circa 7-8+ % Yield Anticipated
• Superb location seamlessly adjoining a “ALH Group” Hotel
• Mix of highly popular local tenants
• Anchored by 10 Year Lease to BWS with 3 x 10-year options
• Popular center located next to State School
• Fixed annual rental increases

Description
123 Flynn Circuit, Bellamack (Darwin) NT
Four Tenants inc BWS
Property area of 1,530 sqm and GLA of 425sqm
Net Income: $134,273* pa + GST

127 Flynn Circuit, Bellamack (Darwin) NT
Four Tenants
Property area of 1,390 sqm and GLA of 768sqm
Net Income: $231,535* pa + GST

$360,418* p.a. total nett income plus $5,177* p.a. from advertising signboard.
No Land Tax payable in Northern Territory
Two properties (and signboard) offered together or separately.
Both properties are fully let, offering modern single level retail tenancies.

These near new retail properties are part of a UDIA award winning master planned development consisting of 70 apartments, restaurants, Hair & Beauty, Cafés, Bottle Shop, Office space & the Bell Bar and Bistro.

The assets offered comprise of two separate strata title properties with multiple retail / commercial tenancies. Positioned to a busy main road with 3 street frontages and 64 on site car spaces.

BELLAMACK: Modern, established residential area on the fringe of Palmerston. The second largest city in the Northern Territory, Palmerston is a young, vibrant regional hub with a fast-growing future. Located 20kms from the Territory’s capital Darwin, Palmerston is a diverse community with many young families calling the city home.

*approximately
outlines on images are indicative only

For Sale via Negotiation
Mason Kidman
URBAN DCA
0402125782

Property Details
Listing - Sale
Current Tenant - Tenanted
Occupancy Type – Mixed

Disclaimer
Urban DCA has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advice or as is otherwise necessary. No duty of care is assumed by Urban DCA divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

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Additional information

Property ID: 503844658Last Updated: 20 Jul 2021

Urban Land Sales - DARWIN CITY

Office Suite 21/48 Marina Boulevard,
CULLEN BAY, NT 0820
04021257...
Urban Land Sales - DARWIN CITY
ONE 27 Flynn, 123 - 127 Flynn Circuit
Bellamack, NT 0832

Agency contacts

Urban Land Sales - DARWIN CITY
Office Suite 21/48 Marina Boulevard,
CULLEN BAY, NT 0820
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Mason Kidman

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Mason Kidman
Urban Land Sales - DARWIN CITY
ONE 27 Flynn, 123 - 127 Flynn Circuit Bellamack, NT 0832

Hi,
I’m interested in this property. Could you please provide me with more information.

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