Long term lease in versatile space in
thriving act market!

The Details

Location: Canberra, ACT

Type: Off Market Commercial

Purchase Price: $1,590,000

Net Rent: $90,000

Net Yield: 5.66%

Cashflow: $17,055 (70% loan at 6.5%)

Lease: New 7 year lease with 5 yr options

Total area: 178 SQM

WHY WE LOVE THIS PROPERTY:

Rare opportunity to invest in a brand-new lease, and new retail property

Extremely versatile investment which would appeal to a multitude of tenants in the future.

Zero to very low maintenance costs due to being an strata unit

Region provides perfect balance between business & lifestyle and located in Canberra