12, 90 Frances Bay Drive, Stuart Park, NT 0820

Offices

For Sale $355,325

  • Property ID: 447915
  • Floor Area: 79m²
  • Occupancy: Tenanted
Boutique medical leased investment

Tipperary Waters Marina Estate is a highly sought after location at the eastern most side of Stuart Park. Positioned on the eastern side of Tiger Brennan Drive.

This location is convenient for both in bound and out bound travelers with signalized intersections of Tiger Brennan Drive and Gonzales Road to the north and Frances Bay Drive to the south. Located within the Frances Bay precinct this location is a strong balance of waterfront commercial activities and prestige residential properties.

Unit 12 is a 79sqm commercial office, it is positioned on the ground floor facing Tiger Brennan Drive. This unit is efficiently configured, It is mostly open plan with a meeting room, office and reception, and kitchen area. The complex features excellent customer parking.

Leased to Custom Made Physio, a local physiotherapist on a new 2-year Lease commencing 1 December 2024 until 30 November 2026. The current passing rent is $33,193 + GST, and the net annual income is $24,873.

For more information on this outstanding investment please contact Ryan Doyle 0405 192 389 or Lee Doyle 0403 348 243 at LJ Hooker Commercial North.

Stuart Park Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $127 ---
Offices $4116 $335 8.14%
Retail --- $390 ---
This is the average advertised price, rent and yield for Stuart Park, NT 0820*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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