Premium Investment, Canberra’s Inner South – Stamp Duty Exempt*

16 iluka, narrabundah act

Price: Price Guide Circa $1,410,000

  • Stamp Duty Exempt
  • Single Title Building
  • Net Income: $89,434 + GST

Property Details

New 4 year lease until 30 June 2022 + Options to 2028
Leased to XO Restaurant - Nominated by Gourmet Traveller as one of the best restaurants in Canberra 2018
223 sqm site located in the middle of the tightly held Narrabundah local centre precinct
Property is set over 2 levels with the restaurant on the ground floor and office storage space on the first floor
Narrabundah: Prestigious inner south suburb of Canberra, just 2.5km to Parliament House and 3.6km to the airport
Attractive fixed 3.5% rental increases
Tenant pays increases in outgoings over base year
Net income: $89,434 + GST

For Sale via Deadline Private Treaty, Offer Closing 08/11/2018 Unless Sold Prior

*As per ACT stamp duty exemption, properties under $1.5m - effective 6 June 2018

Featured Details

Gross Building Area 406 sqm
Land Size 223 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: ACT000351

Thank you for showing interest in us.

Contact Details

Office Details

Unit 152, Level 1, 41 Eastlake Parade, Kingston ACT 2604

T 02 6152 9113 E canberra@burgessrawson.com.au

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