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2. Property Highlights

Premium IGA plus Liquor Centre Built New in 2019
  • 10 Year Lease to IGA
  • High Growth Suburb near Canberra
  • Rent Reviews up to 4% annually

Burgess Rawson is pleased to offer to the market 195 Gorman Drive, Googong NSW for sale via Private Treaty.

The property has the following investment highlights:

+ 10 year lease to IGA to 2028 plus options to 2038

+ IGA: Over 1,400 stores throughout Australia

+ Attractive rent reviews up to 4% annually, providing consistent income growth

+ Built new in 2019, providing excellent tax depreciation benefits

+ Immaculately presented IGA including Liquor plus two established tenancy’s, being 100% leased

+ IGA on base rental, plus current ‘turnover rental upside’

+ Club Lime: ASX Listed Viva Leisure with over 370 locations worldwide

+ Well established hair salon, having commenced at this address in 2019

+ Abundant common car parking servicing the Googong North Village Centre, immediately adjacent to Cannons IGA

+ Googong: High growth satellite suburb of Canberra, with a population set to reach 18,500 by 2030^, currently at 9,000 people

+ Important essential service asset, with complimentary occupants including Domino’s,

Gorman & Co Hotel, Café, Childcare and Googong Public School and Googong Health Hub including dentist, doctors, pharmacy & vet

+ Net Income: $571,644 pa* + GST (as at 1 May 2024)

To be sold via Private Treaty.

Please contact the exclusively appointed sales team for more information.



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3. Property Location

195 Gorman Drive, Googong, NSW, 2620

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4. Due Diligence

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195 Gorman Drive, Googong, NSW, 2620 Googong
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