Prominent Multi Tenanted Investment
3 Carleton Street, Kambah ACT
Property Highlights
Description
Burgess Rawson are delighted to exclusively offer For Sale by Auction this fully tenanted investment leased to a diversified mix of tenants including a Café, Childcare, Florist, Gym, Hairdresser, Takeaway and Boutique Fashion Store.
Kambah is Canberra’s biggest suburb and is packed with facilities for comfortable suburban living. The property has easy access to Sulwood Drive, Drakeford Drive and the Tuggeranong Parkway. The property is ideally located with great public transport and is just moments from the Kambah District Playing Fields.
3 Carlton Street, made up of 7 tenancies is located off a busy intersection. The standalone building is a small community shopping precinct with ample carparks. It has a friendly atmosphere that locals embrace with high traffic flow daily. An exceptional mix of tenants who are all long term committed.
An exceptional investment hold with long term development potential in Canberra biggest suburb.
Highlights Include:
+ Land Area: 1893 sqm
+Building Area: 690 sqm
+ Attractive 3.2% Average Increases
+ High Exposure Position
+ Busy Intersection
+ Canberra’s Largest Suburb
+ Ample Carparks at the front of the building
+ 100% Leased
+ CZ4 – Local Centre Zone
Lessee: Café Blanco
Lease Term: 7 Years
Increases: 3.5%
Options: 3 Years
Lessee: Creative Image Hair
Lease Term: 5 Years
Increases: 3.25%
Options: 2 x 5 Years
Lessee: Theo’s Takeaway
Lease Term: 7 Years
Increases: 3.25%
Options: 5 Years
Lessee: Bewitched Flowers
Lease Term: 5 Years
Increases: 3.25%
Options: 5 Years
Lessee: Little Blue Rock
Lease Term: 3 Years
Increases: Nil
Options: 2 Years
Lessee: House of Reps Gym
Lease Term: 5.5 Years
Increases: 3.25%
Options: Nil
Lessee: Galileo Early Learning
Lease Term: 5 Years
Increases: 3.25%
Options: 2 x 5 Years
Net Income: $276,290.71
For Sale Via Auction 10:30am 6 December @ Sydney Opera House (or via online or in Canberra Room)
Property Details
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