Canberra, CBD Retail Investment Circa 7% yield – Stamp Duty Exempt

1-3/16 moore street, canberra city act

Price: $1,430,000

  • 5 year lease to 31 December 2020
  • Stamp Duty Exempt
  • Net Income $105,161

Property Details

Affordable retail investment in excellent Canberra CBD Location
4.5 year lease to December 2020 with options to 2026
Leased to Hannara Korean BBQ: Locally owned and operated authentic Korean cuisine. Canberra's only all you can eat Korean Buffet.
213 sqm ground floor strata unit with wide 22.5 m frontage on busy Barry Drive
No stamp duty payable*
Located in the heart of Canberra's business and university precinct, just meters away from Northbourne Ave, the new light rail stop, the Australian National University and Canberra’s main public and private sector office's
Tenant pays increases in outgoings over base year, as per lease
Exceptional 4% fixed rental increases
Net income: $105,161 pa + GST

For Sale by Private Treaty - Circa 7%

*As per ACT stamp duty exemption (commercial) effective 6 June 2018

Featured Details

Gross Building Area 213 sqm
Land Size 1,487 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: ACT000322

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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