Listing status: Inactive

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Captain Cook Shopping Centre & Gove Warehouse

Captain Cook Shopping Centre & Gove Warehouse

Preview Listing

Location Details :

Country

Australia

State

Northern Territory

City

Nhulunbuy


Industry :
Home/Garden - Homewares/Hardware ; Retail - Post Offices ;

Financial Details :

Revenue

--

EBITDA

--

EBITDA multiplier

-x

About the business

1734 sqm Shopping Centre with True Value Hardware & Electrical Retailer & Post Office in Amazing Nhulunbuy - 2053 Title priced at approx 20% ROI on 2022 Returns

Seeking Expressions of Interest over $2.9 million + SAV (Approx $700k)

Are you tired of the fast pace of city life? Do you dream of living in a location where community matters? Do you have a love of the outdoors, spectacular sunsets, amazing fishing and beautiful unspoiled wilderness areas? The Captain Cook Shopping Centre along with its anchor tenants, Gove Warehouse & Nhulunbuy Post Office are for Sale. They are your opportunity for all of the above.

The Shopping Centre is one of the largest Retail Properties in the tightly held Gove Commercial Property Market. The Gove Warehouse business has been operating for over 6 years and continues to show great profits. With no home delivery for mail, the Post Office ensures the centre is a regular visit for the entire community.

Located in one of the most spectacular and pristine locations in Australia, surrounded by some of the best sport fishing in the world, the centre is home to a range of businesses including a café and postal agency as well as its anchor tenant, Gove Warehouse A True Value Hardware and BiRite Electrical member. The Centre services the residents of Nhulunbuy and surrounding North Eastern Arnhem Land region. This is the ideal sea change for the person looking for a change of pace but not yet ready to retire, or for someone looking for a long term commercial property opportunity showing high levels of returns with a stable anchor tenant.

Key features of the Property include:
* Unique, large floor space building in Nhulunbuy.
* Extremely tight commercial rental market.
* Total lettable area of 1,734 square metres in a single building with a number of tenancies.
* 11,800 square metre allotment.
* Exceptional yields on Commercial Real Estate in the Region
* Post office tenancy ensures entire local population visits several times each week
* Current Freehold title to 2053 on Nhulunbuy Title

Key features of the Business include:
* Solid, well established, profitable business with well over $4 million annual sales.
* Experienced staff in place and running under local management.
* National Store of the Year Winner 2022 True Value Hardware
* Electronic POS system with all pricing setup.
* Modern attractive fitout which is under 5 years old
* Amazing opportunity to live in one of Australia's friendliest local communities.
* Sole local supplier of majority of its products and services to the region

Don't delay, destress your life today and make a change for the better. Take this rare opportunity to experience and live in one of Australia's greatest hidden secrets Call Andrew Hahn at Territory Business Sales on 08 8941 3000 or email Andrew@tbsav.com.au today for more information.
Licensed Agent AL1041 16 Smith Street, Darwin NT

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