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2/161 London Circuit
City ACT 2601
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Sold on 6 Apr 2016

2/161 London Circuit City ACT 2601

  • Shop & Retail
  • 1 m²
  • Sold, $2,550,000

CBD Bank Investment. 6 Year Lease to Long Established Branch.

A-Grade Bank investment in prime location.
Renewed 6 year lease to national tenant Bendigo Bank from Nov 2015 plus option until 2027.
Long-standing and successful branch, at this location for more than a decade.
Recent high-end tenant fitout.
Huge retail frontage and exposure strategically positioned in busy CBD location.
Canberra is Australia's capital and largest inland city with a population of 381,488.
Attractive 3% annual rent increases.
Popular private investor price bracket.
Easily managed single tenant investment.
Net Income: $171,910 pa + GST.

AUCTION

Auction date and time05/04/2016 11:00
Auction locationDoltone House Hyde Park

Property Highlights

Date Sold6 Apr 2016
Sold Price$2,550,000
Floor AreaAsk Agent
Land Area1 m²
ParkingAsk Agent
Property ID2012644908
Category
Last updated  6 Apr 2016
Map for 2/161 London Circuit City ACT 2601

Property Highlights

Date Sold6 Apr 2016
Sold Price$2,550,000
Floor AreaAsk Agent
Land Area1 m²
ParkingAsk Agent
Property ID2012644908
Category
Last updated  6 Apr 2016

Listed by

Kieran Bourke
Kieran Bourke
Burgess Rawson Sydney
Call
0417 418 007

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