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Investment Opportunity with Well-established Tenant
Offices - GREENWAY ACT
Tuggeranong Town Centre is the retail and employment hub of the southern end of Canberra. The property is located right in the heart of this district, directly opposite South.Point Shopping Centre and is within walking distance to all of the Town Centre.
Positioned in a prime location near South.Point Shopping Centre, this light-filled strata-titled office suite offers excellent exposure and convenience, with a large public car park nearby. Currently leased to Happy Fit Footwear, the property features a near-new podiatry shoe shop fit-out, including a welcoming reception area, quality carpet, high ceilings, air-conditioning, kitchenette, and bathroom facilities.
The suite benefits from prominent window signage and includes three on-site car spaces.
Key Features:
• Unit size – 114m2
• Current 5-year term in place with expiry 30/11/2026
• Option period of 2 x 5year terms
• Annual rent- $64,239 + GST
• Annual rent review – CPI + 1%
Outgoings:
• Rates: $8,869.32 per annum
• Water & Sewerage: $804.28 per annum
• Body Corporate: $7,973 per annum
• Annual Net Income $46,592.40
Contact: David Grimmond – 0406 376 697
Contact agent
David Grimmond
Director – Commercial Sales & Leasing
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