12/90 Frances Bay Drive Stuart Park NT 0820

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.