26/90 Frances Bay Drive, Stuart Park, NT 0820

Unit 26 is a 278 square metre commercial office, it is positioned on the first floor and is on the marina side of the building, it includes a balcony that looks over the marina. This unit is efficiently configured, it includes a large boardroom, managers office and a kitchen, with the majority of the tenancy open plan.
North Management have occupied this tenancy for more than 10 years, North Management is a body corporate management company which is owned by national property services company PICA Group.
The current lease commenced 1 January 2023, it is a three year lease and runs till 31 December 2025. The current passing rent is $85,069.91, and the net annual income is $64,118.55.
“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 60-degree car parks directly accessed from 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 travelers 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 [email protected] or Ryan Doyle 0405 192 389 [email protected].