23-25 East Row City, ACT

Fantastic central CBD investment property that has just been listed for Auction.

Located fronting East Row in the heart of the CBD, this precinct and as a result this property has excellent potential to benefit from planned ACT Government land releases in the immediate precinct.

The property itself has 359sqm (NLA) featuring a 148sqm ground floor tenancy and 210sqm first floor tri level tenancy, the tri level tenancy being able to be leased as three separate tenancies in the future if so desired. Both tenancies are individually serviced and have their own facilities, with the ground floor being occupied by the long standing Phoenix Pub on a lease until 31/7/17 + 5 years and the first floor by The Ted Noffs Foundation until 30/9/16 + 3 years. The property enjoys rear access for loading and fire egress.

The estimated net annual income is $130,392 pa plus GST.

Call Peter Forbes on 0403 839 822 for an inspection!

Auction" 11am Thursday the 19th of September 2013 at the Eastlake Football Club, Kingston.