235/140 Anketell Street Greenway, ACT 2900
235/140 Anketell Street Greenway, ACT 2900
235/140 Anketell Street Greenway, ACT 2900
235/140 Anketell Street Greenway, ACT 2900

235/140 Anketell Street Greenway, ACT

Sold on 6 Aug 2013

Property Type Retail
Asking Price Sold
Floor Area 120 m²
Land Area

Blue Chip Investment!

Vue Promenade is an exciting new mixed use development which adds a new dimension to the Tuggeranong Town Centre. Comprising of over 220 residential/serviced apartments & 12 consecutive ground floor retail units this development is the largest of its kind within Tuggeranong.

This is a fantastic opportunity to purchase a strata titled retail investment property leased to Subway Systems Australia Pty Ltd until March 2023 with a further 2 x 5 year options. The net annual income is estimated at $37,290pa + GST and the lease provides annual increases of 3.5%. The property comprises of a retail shop of approximately 120sqm, 2 designated secure car spaces and a 15sqm colonnade area facing Anketell Street. Other notable features include an extensive glass front facing Anketell Street,

Vue Promenade is well located between the Tuggeranong Hyperdome, the brand new 20,000sqm FAHCSIA headquarters and the Tuggeranong Bus Interchange. Tuggeranong is Canberra's most southern group centre with a catchment of around 80,000 people and is serviced by the Tuggeranong Hyperdome which houses an abundance of retailers including Woolworths, Coles, Target, Kmart, Best and Less, JBHIFI, Rebel Sport and Limelight Cinemas.