Tenanted Retail Investment Opportunity
Retail - WANNIASSA ACT
Civium is pleased to present for sale by Expressions of Interest a retail investment opportunity in Canberra’s South. Located at Wanniassa Shops (12 Sangster Place), Units 8, 9 &10 form part of this well-established precinct, offering a combined lettable area of 225sqm.
Units 8 & 9 (138sqm) are leased to BWS, Unit 10 (87sqm) is leased to Azure Hair Salon, and an additional lease is in place for an ATM operated by ATMx. These tenancies benefit from high visibility and direct frontage to the shopping centre car park, ensuring strong foot traffic and customer engagement.
Key Features:
• Total area – 225sqm
• Net income – c. $117,500 p.a.
• Outgoings – c. $32,700 p.a.
• BWS lease expires August 2026 with a three-year option until 2029
• Azure Hair Salon & ATM currently on ‘holding over’ period
• Prime location within a busy retail hub
• Excellent exposure and accessibility
Units 8, 9 & 10, 12 Sangster Place are offered for sale in one line via a four-week Expressions of Interest sale, closing at 3pm on Monday, December 1st, 2025.
For more information or to arrange an inspection, please call: David Grimmond – 0406 376 697
Contact agent
David Grimmond
Director – Commercial Sales & Leasing
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