Local Shops Retail Investment

Unit 1/12-18 Weetangera Place, WEETANGERA ACT 2614

&#xD&#xD Weetangera local shops is a small well maintained shopping centre in Canberra’s north.
Easily accessible just a short drive from Belconnen CBD, the shops are popular among locals with the ease of car parking, and strong local community.

Now available for sale, Unit 1 of 12-18 Weetangera Place form part of the local shopping centre and is one of four units.
The property is currently leased by a successful ‘Sport physiologist tenant ‘Accelr8 Rehab Pty Ltd’ for 5 years with further options.
The lease commenced the 17th June 2019 and includes rental increases of 2.5% P.A

Features;

– NLA 73sqm, Existing office/retail fit-out
– Leased to successful operator – ‘Accelr8 Rehab Pty Ltd for 5 years with options
– Gross annual income – $23,185.50 p.a + GST with yearly 2.5% increases
– Annual out-goings, Rates – $4,229.44, Water/sewerage – $660, Levies – $645
– Located in popular local shopping centre

For further information please contact Brennan George – 0413 024 046