National Medical Tenant on Renewed 6 Year Lease to 2031
Description
CBRE is pleased to present to the market Genea Canberra, located at 28/2 King Street, Deakin (Canberra) ACT, for sale via Investment Portfolio Auction 184.
This opportunity has the following key investment highlights:
+ Renewed six (6) year lease to 2031 plus one (1) further five (5) year option to 2036
+ Genea: leading Australian fertility care provider and IVF clinic, founded in 1986 with 15 locations nationwide¹
+ Attractive 3.2% fixed annual rental increases, ensuring compounding growth over the initial lease term
+ Well presented 267sqm* high quality medical fit-out
+ Strategically positioned within Deakin medical and commercial precinct, anchored by NDIS HQ, John James Private hospital which will undergo a $500 million refurbishment (Canberra’s largest private hospital), and Aspen Medicals head office)
+ Ideal location only 6kms* from Canberra’s CBD
+ Deakin: booming residential hub within the Canberra Region, with a population of circa 488,000, forecast to grow to 700,000 by 2050²
+ Easily managed single tenant medical investment
+ Net Income: $100,665 pa* + GST
To be sold via Investment Portfolio Auction 184
10:30am (AEST) Tuesday 12 May 2026
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information.
*Approx
1 Genea
2 act.gov.au
Enquire
Contact agents
Kieran Bourke Senior Director
0417 418 007
Tristan Cotchett Associate Director
+61 432 642 315Enquiry Form
Deakin, ACT
28/ 2 King Street
For Sale by Portfolio Auction
This property is part of Portfolio 184
Price: Contact Agent
Contact agents
-
Kieran Bourke Senior Director
0417 418 007 -
Tristan Cotchett Associate Director
+61 432 642 315