Fannie Bay Village, 1-15 Fannie Bay Place,
Fannie Bay, NT 0820
Key property information
Map of Fannie Bay Village, 1-15 Fannie Bay Place
SOLD! Exclusive Mixed Use Precinct
- Substantial Net Income
- Diverse Tenancy Mix
- Valuable 4,389sqm Island Site
The Fannie Bay Village sits on a high profile position and is an exclusive retail, commercial and residential precinct consisting of 11 stand-alone one and two storey buildings over 7 allotments.
This once in a generation opportunity has a combined island site of 4,389sqm with four street frontages and approximately 5,698sqm of gross lettable area over 35 tenancies.
Key features of the property include:
- Substantial net annual income close to $1.6M
- Currently 100% occupied (Easy Loans vacating in May 23)
- Diverse tenancy mix: national, multi-national and local - professional services, medical, allied health, food & bev, supermarket and retail
- Future development upside (STA)
- Long term tenants in situ
- Rental uplift opportunities
This represents an opportunity to acquire a truly unique mixed use property in the highly sought after Fannie Bay.
In order to not interfere with the tenants, we anticipate coordinating a one off inspection for all bona fide parties on 19 May at a time to be confirmed.
For sale via Expression of Interest closing 1 June 2023 at 4pm ACST.
To request an Information Memorandum or any other queries, please contact exclusive selling agent Nigel Sharp at NTC Property on 0422 275 9....
Property ID: 504313720Last Updated: 2 Jan 2024
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