Located in the prestigious suburb of Nicholls is this secure investment offered on a 5 + 5 + 5 year lease to a well established tenant.

Trading as Nicholls IGA, this investment comprises two units offering a total property size of approximately 580 sqm. 445 square metres is occupied by the IGA supermarket and the balance is occupied by Cucina restaurant with a new 5 year lease. The current owner will enter into a new 10 + 5 + 5 lease back arrangement on settlement with the buyer. The property features onsite amenities, storage area, rear access, roller door access for the supermarket, air conditioning and on grade car parking at the front door.

Nicholls is located in the western part of Gungahlin being bounded by the Barton Highway to the south, Gungahlin Drive to the north, Clarrie Hermes Drive to the East and Gundaroo Drive to the east. This network of major surrounding roads makes it easy to obtain access to other parts of Canberra with the Gungahlin Town Centre being approximately 5 minutes’ drive, the Canberra CBD approximately 20 minutes’ drive and the Belconnen Town Centre approximately 10 minutes drive.

Nicholls has a population of circa 6,865 people (2016 Census Quikstats) and has some of the most
prestigious houses in the Gungahlin Region. Canberra. Nicholls houses The Gold Creek Country Club Golf Course, The Lakes Golf Course, Gold Creek High School, Gold Creek Primary School, St John Paul II College and the Gold Creek Tourist Area housing well known business such as Cockington Green, National Dinosaur Museum, Federation Square and Canberra Reptile Zoo.

Call Steven Shang on 0411 374 432 for more information.