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Unit 7/48 Corinna Street, PHILLIP ACT 2606

Investment Opportunity- Long lease in Place- Woden

Unit 7/48 Corinna Street, PHILLIP ACT 2606

Situated directly opposite Westfield Woden, amongst many medical-related businesses. Gadal Chambers offers tenants and clients easy access with excellent public parking in the immediate vicinity. Investment Sale- Unit 7, 48 Corinna Street, Phillip

- No Stamp Duty
- No GST

This is well-located property, is directly across the road from Westfield Woden., with a large car park only meters away. This light-filled strata-titled unit suite is home to 'Al Basha Barber Shop' and includes a large near-new retail fit-out with a small reception, vinyl flooring high ceiling, air-conditioning, and common area amenities on the ground floor. It offers very good window signage with one on-site lower ground car park with storage.

Features:
* One strata titled unit of 31m2
* New 5 + 5 year lease (commenced 1 March 2020)
* Annual rent- $31,824 + GST
* Annual 4% rent review
* Annual Net Income of $29,059 p.a.(fully leased)
* Annual Outgoings:
- Paid by tenant (Rates: $3,636 Water & Sewerage: $672)
- Paid by owner (Body Corporate: $2,765)

Contact: David Grimmond - 0406 376 697
For Sale $550,000
Property Features
  • Retail
  • Floor Area is 31 m²
  • Car Spaces
Commercial Features
Highlight 1

Key location, High exposure and Traffic

Highlight 2

Fully fitted out Barber shop

Highlight 3

No Stamp Duty

Zone

CZ2 - Business Zone

  • Satellite
Real Estate Agent
David Grimmond
Commercial Sales & Leasing Executive
0406 376 697

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