Award Winning Tenant with renewed 7 Year Lease in City Fringe Location – Stamp Duty Exempt
6/35-39 Kennedy Street, Kingston ACT
Property Highlights
Description
Burgess Rawson are delighted to offer to the market 6/35-39 Kennedy Street, Kingston ACT for sale via Investment Portfolio 165.
This investment has the following key highlights:
+Redbox Design Group: Longstanding award winning architecture firm established for 17 years
+Canberra’s leading Landscape Architecture Design Firm. Highly experienced in large government estate and playground designs and high-end placemaking landscape architecture including Parliament House.
+Renewed 7 year lease to November 2030 with fixed 3.5% annual increases
+Well presented 204sqm first floor tenancy with new architecturally designed quality fitout
+Rectangular in shape includes a board room, two separate bathrooms, breakout area, printer room, storage and open plan office space
+Skylights throughout the main office area ensuring an abundance of natural light
+Favourable Core Zone 1
+Stamp duty exempt investment (under $1,500,000 sale value)
+Net Income: $53,311pa* + GST
To be sold via Investment Portfolio Auction 165
10:30am (AEDT) Wednesday 6 December 2023
Crown Casino, River Rooms – Melbourne
*approx
Property Details