Secure 10 + 10 year lease commenced October 2014 to longstanding tenant.
Tenant occupied this address for 20 plus years.
Major 2014 upgrades to building and tenant fitout.
Popular position with surrounding national retailers including Bunnings, Officeworks, The Good Guys, BCF and Canberra Outlet Centre.
Proven location including clear span retail showroom and corporate headquarters for the store network.
Tenant has 9 stores in ACT, Victoria and NSW.
Net lease with tenant paying outgoings (excluding insurance).
Attractive annual 3.25% rent increases.
Easily managed single tenant investment.
Net Income: $338,794 pa + GST (from 1 October 2015)*
*includes landlord reimbursement for tenant fitout.
Rhys Parker 0451 101 042
Darren Beehag 0411 226 223
|Gross Building Area