Excellent Starter Investment – Prime CBD Location

Perfect investment for a first time commercial buyer looking for a good return in a great location that won’t stretch the budget
5 year lease to August 2021
65 sqm ground floor retail unit with excellent visibility
Akuna Mini Mart: Convenience store selling groceries, snacks, alcohol and dry cleaning
Located on busy Akuna St in the Waldorf Apartment Building containing 133 serviced apartments. Close to Canberra Centre shopping precinct and large office workforce
Attractive fixed 3.5% annual rental increases
Stamp Duty Exempt
Tenant pays all usual outgoings as per lease
Net income: $31,601 pa + GST

For Sale by Deadline Private Treaty (unless sold prior) Closing 4pm Friday 7 December 2018