41a David Street O'connor ACT 2602

JLL is proud to present 41a David Street O'Connor for sale by Expressions of Interest.

41a David Street is a single titled building located in the leafy, affluent Inner North Suburb of O'Connor. Just 2 km from the Canberra CBD, 1km from ANU and 500m from Turner Primary School, O'Connor is a highly desirable suburb with the average sale price for a house exceeding $1.75m.

Just one of 7 buildings located in the O'Connor local centre precinct, it is the first time the asset has been available for sale since it was built. The two storey building is 100% leased to an excellent mix of medical tenants including a physiotherapist who has recently taken up a new 5 year option and a podiatrist. Other operators in the local centre include IGA, Capital Chemist, Aus Post, The Duxton gastro pub, dentist, pathology clinic and GP clinic.

Boutique single titled asset in tightly held, popular local centre
4.55 year WALE by Income*
100% leased to a quality mix of medical tenants
347sqm of NLA across 2 levels
First time on market since built
large amounts of free public parking in direct vicinity
3% fixed annual rental increases
Net passing income $118,048 pa + GST*
*(all figures approximate as at 1 Oct 2022)

For Sale by Expressions of Interest Closing 4pm Tuesday 8 November, 2022