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Outstanding Long Term ASX Listed Retail Investment

4/189 Gorman Drive, Googong NSW

Property Highlights

Brand new with large depreciation
High volume store in key area
4% annual increases

Description

Outstanding Long Term Lease to ASX listed Domino’s.
High volume brand new store in key catchment area.
Long term lease out to 2027 with options out to 2037.
Large depreciation with substantial vendor fit out works of $187,000.
ASX listed parent company lease to Domino’s Australia.
Brand new with large vendor contribution
Large shopping centre parking
Net Lease with all outgoings by tenant (including land tax)
Outstanding 4% annual increases
$54,000 net rent
Highly sought after location by Domino’s
Located in brand new shopping centre with IGA, Club Lime, Hairdresser, Cafes, Childcare Centre, Allied Health Centre and Pharmacy, Bakery. In key Canberra/Queanbeyan suburb with population growing to 18,500.

Property Details

Listing
Sale
Occupancy Type
Fast Food
Land Size
6,000 SQM
Building Area
90 SQM

Price

For Sale Via Auction

Contact Agent

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