2/31 Merimbula Drive Merimbula NSW 2548
For Sale $1,600,000
- Property Type Medical/Consulting
- Floor area approx 765sqm
- Region South Coast
- Locality Bega Valley
Perfectly Positioned Investment Opportunity - Merimbula
This perfectly positioned investment opportunity is ‘blue chip’ in more ways than one.
Enjoying a generous B4 business zoning, these premises occupying the whole floor, enjoy lake views, a superb location and lift access, together with plenty of secure, off-street parking.
A well-established dental practice has occupied the majority of the floorspace since the building was constructed with the minor space occupied by a gymnasium with strong local patronage.
Currently offering a nett return of approximately 7.5%
Gross Floor area 750m2
Nett lettable area 500m2
Car parking area 148m2
Leases:
Dental Surgery currently leased to June 2024 with 2 x 5 year options
Gymnasium currently leased to June 2024 with 2 x 5 year options
BVSC Rates $3,168 per annum
Body Corporate fees $4,000 per annum
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Guy HigginsBurchell Higgins Property Sales