45 Donald Rd 3,100 SF 100% Leased Retail Building Karabar, NSW 2620 $1,586,098 ($511.64/SF) 9.80% Cap Rate

45 Donald Road offers a rare opportunity to secure a high-performing mixed-use investment in a prime Queanbeyan location. Positioned on a prominent main road with strong visibility, this property combines multiple income streams for exceptional stability and long-term growth potential. The commercial component is anchored by three established tenants: a thriving café, a well-stocked convenience store, and a popular food van, all with secure leases in place. These businesses are deeply embedded in the local community, ensuring consistent patronage and reliable returns.
Adding to the investment appeal are two well-maintained residential units, each featuring two bedrooms, updated bathrooms, and open-plan living spaces. Both units include outdoor areas and dedicated parking, enhancing tenant satisfaction and retention. The property’s strategic location provides excellent connectivity to Queanbeyan CBD, Canberra, local schools, and major arterial roads, making it highly desirable for both commercial and residential occupants.
With an estimated annual gross income of $159,173 and recoverable outgoings from commercial tenancies, this asset delivers strong fundamentals and a balanced tenancy mix. Zoned R3 and set on a 777 m² site, 45 Donald Road is an outstanding opportunity for investors seeking a secure, diversified income stream in a growth corridor.