Unit 20 is an 82 square metre commercial office, located on the first floor at France Bay Village. This unit has a well presented and functional fitout including a reception, a meeting room at the front and two offices. There is a kitchenette and utilities area in the back corner of the tenancy.
This property is leased to Verdant Minerals, Verdant Minerals are a Northern Territory based mineral explorer, they have been established since 2007.
Verdant Minerals have been in this tenancy for over 10 years, the current lease is a two year term commenced 1 September 2025 and runs till 31 August 2028. The current passing rent is $28,700 + GST, and the net annual income is $21,104.88 plus GST.
France Bay Village, 90 Frances Bay Drive is a two story commercial complex on approximately 6,690 square metres of Specific Use Darwin 10 zoned land. The complex optimizes the frontage to Frances Bay Drive with the building positioned along the building including 20 angle parks on France Bay Drive. This complex offers 67 off street car parks so there are always car parks available.
Tipperary Waters is a tidal locked marina estate, offering marina berths, low and medium residential, and commercial office and retail properties. Frances Bay Village is positioned on the western side of Tipperary Waters Marina Estate, it enjoys the frontage to France Bay Drive which acts as a service road to Tiger Brennan Drive and links through to the water body of the marina.
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 travellers with signalized intersections of Tiger Brennan Drive and Gonzalaes 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.
1.3 radial kilometres north east of the Darwin CBD.
Adjacent to the east of Tiger Brennan Drive.
For more information on this outstanding investment please contact Lee Doyle 0403 348 243 ldoyle@ljhnc.com.au or Ryan Doyle 0405 192 389 rdoyle@ljhnc.com.au.