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Excellent Starter Investment – Prime CBD Location

136/2 Akuna St, Canberra City ACT

Property Highlights

Excellent First Time Investment

High Visibility Location

Net Income: $31,601 pa + GST

Description

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

Property Details

Listing
Sale
Occupancy Type
Retail
Land Size
65 SQM
Gross Building Area
65 SQM

Contact Agents

Mitchell Frail

0429 103 979

Guy Randell

+610 430 272999

Request Information

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