Commercial Land Residential
Buy Lease Buy or Lease Recent Transactions
All Suburbs Belconnen Booroomba Braddon Bruce Campbell City Deakin Dickson Fyshwick Greenway Griffith Gungahlin Hawker Hume Jerrabomberra Lyneham Mitchell Nicholls Phillip Queanbeyan Wanniassa Weston Barton Canberra Conder Cooma Florey Forrest Franklin Kaleen Kambah Kingston Mawson Pearce Pialligo Symonston Turner Yarralumla
Any property type House Unit/Apartment Townhouse Duplex/Semi/Villa Penthouse Studio Terrace Land / Development Acreage Holiday Accommodation
Any bedrooms 1+ 2+ 3+ 4+
Any bathrooms 1+ 2+ 3+ 4+
Any parking 1+ 2+ 3+ 4+
Any property type Agribusiness Health, Retirement & Aged Care Hotel & Leisure Industrial & Logistics Land & Development Site Office Retail Showroom & Bulky Goods Any Business Category Accommodation/Tourism Automotive Beauty/Health Education/Training Food/Hospitality Franchise Home/Garden Import/Export/Whole Industrial/Manufacturing Leisure/Entertainment Professional Real Estate Retail Rural Services Tech & Media Transportation/Distribution
Any property type Residential Commercial/Industrial Rural
This property offers a rare opportunity for a purchaser, be they an investor or a developer, to purchase a separately titled commercial property, well located within one of Canberra CBD's more high profile and patronized destination locations. In addition to this are the following factors that together make this a worthy acquisition opportunity for that investor, and/or developer party to inquire further on. - The existing net annual rental for the property equates to $84,000 from the 3 separate tenancies - The existing rent being achieved on Shop 1 (the Indian café/bar) and that of the first floor tenancy, offer opportunities for rental growth and accordingly, also offers a new owner a corresponding opportunity in the short to medium term for growth in capital value - The property provides three (3) distinct tenancies, offering an investor a diversification of income sources and longer-term flexibility with regards tenants, etc. - The subject improvements are built over a rare double block of land in the heart of the CBD. - Subject to the relevant approvals being obtained, there is an opportunity to raise the building area from its current 497 sqm, to approx. 750 - 800 sqm of building area. - The subject property has recently undergone a considerable roofing upgrade. - The future purchaser of this iconic property will be acquiring an asset located within a precinct that is set to benefit substantially from the redevelopment of buildings within the immediate vicinity. - This central Canberra CBD location is particularly well integrated into the ACT Governments overall Canberra-wide public transport system. All of the above and more are covered off in a more succinct fashion in the executive summary, available upon request.
LJ Hooker Commercial Canberra
Ph: (02) 6248 7411 Email Office
Subscribe to our newsletter
We will not post anything without your consent
By signing up, I agree to the Privacy Policy and Conditions of Use
Forgot your password?
Forgot your password? Don't worry we'll email you instructions to reset your password. Enter your email address here.
Please enter your Name
Please enter your valid Email Address
Please enter a valid Contact Number (Either Home Phone or Mobile/Cell)
Please enter your Enquiry
Send me financing information
Please enter your message
Receive email alert
Please enter your First Name
Please enter your Last Name
State NSW/ACT VIC/TAS SA/NT QLD WA Please select your state
Please enter your Postcode
Area of Interest
Industrial
Office
Retail
International
Development
Projects
Please check one or more of Area