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Retail for Sale in Karabar
Blue-Chip Commercial & Residential Asset in Karabar
- Building: 288m²
- Land: 777m²
Next Steps:
Enquire with agentPremium Mixed-Use Investment Asset with 4 Income Streams
Positioned in a commanding, high-exposure position on a bustling main road, 45 Donald Road, Karabar represents a rare and incredibly robust investment opportunity. Designed for maximum risk diversification and exceptional passive returns, this unique property seamlessly blends thriving commercial spaces with reliable residential income.
The Commercial Anchor: Established & Local Favorites
The commercial component features three long-standing, community-focused tenants ensuring immediate, reliable cash flow from day one:
Thriving Local Café: A neighbourhood staple secured by a strong, long-term lease. lease expiring March 2027
Bustling Convenience Store/Grocer: Well-stocked, highly frequented, and deeply embedded in the local community. lease expiring May 2030
Popular Food Van: An additional, high-traffic income stream maximizing the property's footprint.
The Residential Component: Dual Modern Units
Complementing the commercial success are two beautifully maintained, modern residential units. Ideal for tenants seeking convenience and comfort, each unit offers:
Two generous bedrooms and updated, contemporary bathrooms.
Bright, open-plan kitchen, dining, and living areas.
Detached laundries providing excellent additional storage.
Unit 1: Features a private, cosy courtyard and an allocated car space.
Unit 2: Includes a low-maintenance courtyard and a secure double carport.
Strategic, High-Growth Location
Location is everything, and this property delivers. Situated with seamless access to local schools, major arterial roads, the Queanbeyan CBD, and Canberra, it offers the perfect balance of commercial visibility and residential desirability.
Key Property Details
Zoning: R3 Medium Density Residential
Land Area: Approx. 777 m²
Building/Floor Area: Approx. 288 m²
Parking: 6 Car Spaces (including double carport and allocated spaces)
Tenure Type: Tenanted Investment
Financial Overview
Estimated Gross Annual Income: $159,173
Estimated Annual Outgoings: $16,950
Recoverable Outgoings: Approx. $5,085 (recovered from commercial tenancies)
Net Income $144,887
288m²
777m² / 0.19 acres
Tenanted
Next Steps:
Enquire with agentAgents
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