Premium Healthcare Investment – Renewed 5 Year Lease

18-19/2 king street, deakin act

Price: $2,750,000

Property Details

Renewed 5 year lease expiring August 2021 plus further 5 year option to 2026
Leased to Genea: World leading fertility and IVF specialists with technology in 60 countries and 600 clinics worldwide
Leased to Genea since 2009 and extensively fitted out the premises as medical and consulting rooms costing in excess of $1.9 million, with the most recent upgrade completed in January 2016
505 sqm premises within recently renovated building
Highly regarded building comprising of many professional, medical and other business uses
Ample on site parking for staff and convenient patient parking area
Deakin: one of Canberra's most prestigious inner south residential and business locations with a high level of education & medical services
Fixed 3.5% annual rent increases
Tenant pays all increases in outgoings, as per lease
Net income: $193,692 pa + GST

Featured Details

Gross Building Area 505 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: 6P0069

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

Similar Properties

  • Sold
    Tightly Held Inner North Investment/Development Opportunity

    9 sargood street, o'connor act

  • Sold
    High Yielding Commonwealth Government Investment. Renewed 5 Year Lease – 3.5% Annual Increases

    204-210 gladstone street, fyshwick act

  • Sold
    Prime Retail Investment – leased until 2021 – Circa 7% yield

    109/227 flemington road, franklin act