ONE 27 Flynn, 123 - 127 Flynn Circuit,
Bellamack, NT 0832
High Circa 7-8+ % Yield Anticipated
Key property information
Tenanted Investment Details
Map of ONE 27 Flynn, 123 - 127 Flynn Circuit
Bus stops within 5 km of ONE 27 Flynn, 123 - 127 Flynn Circuit, Bellamack, NT 0832 Distance Bellamack Seniors Village 207 m Forrest Parade 379 m Moulden Terrace 381 m Flynn Drive 479 m Moulden Shops 583 mPOWERED 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
123 & 127 Flynn Circuit, Bellamack (Darwin) NT
• 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
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
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.
outlines on images are indicative only
For Sale via Negotiation
Listing - Sale
Current Tenant - Tenanted
Occupancy Type – Mixed
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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Property ID: 503844658Last Updated: 20 Jul 2021