Located adjacent to the main trunk road connecting all major Canberra centres is this prime opportunity to purchase a long lease holding in the very tight Canberra investment market. Leased to Goodstart Early Learning on an initial 15 year lease which commenced in 2007 with 2 x 5 year options, the tenant has demonstrated commitment to the property by recently exercising their first 5 year option, signifying longevity in one of the most demanded geographic regions of Canberra. Accordingly, the lease has a remaining 10 year term with expiry 2027.
The investment is very-well located nearby health and school facilities, supermarkets, retail, food services and other core domestic amenities. The property is also positioned approximately 1 kilometre from the thriving Tuggeranong Town Centre, which accommodates a major retail and Government workforce including Department of Human Services and Department of Social Services.
This will be one of the best value investments offered for sale this year.
Leased to established Goodstart Early Learning expiring June 2027
Net Income: $155,430 per annum
Prime location, adjacent to major arterial roads, widening potential catchment area
Triple net lease with tenant paying 100% of outgoings.
Please contact Knight Frank Canberra for full details.
