 Asset Class: | Retail |
 Price: | $ 3600000 |
 Net Yield: | 8.20 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | On Market |
<b>Rare Multi-Tenanted Retail Investment in Prime Merimbula CBD Location</b><br><br>This exceptional commercial freehold investment presents a rare opportunity to secure a multi-tenanted retail asset in the heart of Merimbula’s thriving CBD. Strategically positioned in close proximity to national tenants such as McDonald’s, Australia Post, and Woolworths, this high-exposure property benefits from significant foot traffic and strong local demand. With a diverse mix of businesses and an established tenant base, it offers investors a secure and attractive income stream in one of New South Wales’ most sought-after coastal destinations.<br>The property is currently negotiated to a <b>8.2% net yield</b> and features <b>10 tenancies</b>, ensuring a well-balanced and risk-diversified investment. A reputable <b>law firm anchors the asset, contributing nearly 40% of the total rental income</b>, reinforcing the stability of this high-performing commercial holding. The mix of professional services, retail, and hospitality tenants further enhances its long-term viability, making it a highly desirable addition to any investment portfolio.<br>Opportunities of this calibre in Merimbula’s tightly held commercial market are extremely rare. With its prime location, strong rental returns, and an established tenant mix, this is a unique chance to secure a high-quality investment in a dynamic and growing region. Whether you’re a seasoned investor or looking to expand your portfolio, this property delivers a compelling combination of stability, growth potential, and long-term security.
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Merimbula is situated on New South Wales Sapphire Coast, south of Sydney and<br>northeast of Melbourne. Merimbula serves as a prominent part of the Bega Valley<br>Shire Council, as a major tourist destination known for its pristine blue waters,<br>award-winning oyster farms, and vibrant surf culture. This picturesque beachside<br>town draws visitors year-round, offering a blend of natural beauty and recreational<br>activities.<br><br>The Bega Valley Shire, located on New South Wales’s south coast, has acurrent population of 36,869, which is projected to grow by 10.42% by 2036.<br><br>The region supports over 17,000 local jobs, with key employment sectorsincluding healthcare and social assistance, construction, retail trade, andprofessional services. In 2023, the diverse economy generated a GrossRegional Product of $2.14 billion.<br><br>The south coast of NSW, particularly the Bega Valley Shire, is poised forsignificant growth. Recent infrastructure developments, such as improvementsto the Princes Highway, aim to enhance connectivity between the Bega Valleyand major cities like Melbourne and Sydney. Additionally, new residentialareas and commercial hubs are being developed to accommodate the growingpopulation and attract new businesses.
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46-52 Market Street, Merimbula - $345m2 1/5 Palmer Street, Merimbula - 224m2 @ $106,757 = $476m2 4&5 / 36 Market Street, Merimbula - 421m2 @ $129,510 = $307m2 10 & 11 Market Street, Merimbula - 109m2 @ $37,000 = $339m2
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<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Multi Tenanted Retail Investment</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Yield - 8.2% Net</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Anchored by Lawyer Firm with 10-year lease with 10-year option</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Desirable Net leases</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Strategic CBD Location in-close proximity to national tenants - McDonalds, Woolworths, Aus Post & Comm Bank</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Permitted Height of building - 13 metres - opportunity for development</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Land Size - 1,309m2</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">NLA Size - 839m2</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Negotiated one year rental guarantees across one shop</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Zone - E2 Commercial Centre</span></p></li></ul>
