Knight Frank Canberra are pleased to bring 2/161 London Circuit, City to market.
The subject space is located on the ground floor of the iconic Bright Consulting building which houses other professional service tenants, including: lawyers, accountants and medical operators. Currently leased to Crossfit Threeflow, this gym provider is committed to their members and works to provide the best quality training in a supportive and encouraging community.
The property offers the following highlights for investors:
- 7 + 5 year Lease to 14 July 2029 (if Option exercised, expiry 2034)
- Fixed 3.5% annual rent increases
- 315sqm ground floor unit
- Part of one of Canberra's CBD
- Active main trade area, close to Canberra office precinct, the Parliamentary Triangle and the Canberra Centre
- Net income: $85,028.54pa plus GST
For more information, or to arrange an inspection, please do not hesitate to contact Nathan Dunn of Knight Frank Canberra.