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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. Investment Sale- Unit 10, 146 Scollay Street, Tuggeranong. ACT
– No Stamp Duty under $1.9 Million
– No GST
This is well-located property, close to South Point Shopping Centre, Tuggeranong, with a large car park nearby. This light-filled strata-titled office suite is home to “Happy Fit Footwear” and includes a large near-new ‘Podiatry Shoe shop’ fit-out, with a reception, carpet, high ceiling, air-conditioning, kitchenette, and a bathroom. It offers very good window signage with on-site parking. Three car spaces on site.
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
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David Grimmond
Director – Commercial Sales & Leasing