BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 5.2.3//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:An Established Tenant. A Standout Property. A Winning Combinati on.\nUnit 106\, 19-21 Challis Street\, Dickson ACT\nOffers Over $1.5 Milli on\n\nA commercial investment brings two things into focus: the quality of the tenant and the quality of the property. This opportunity offers a com pelling combination of both.\n\nEden Hair Energy\, established in 2014 and firmly established in the Dickson community\, occupies modern commercial premises in the DKSN precinct.\n\nOver $350\,000 was invested in the fitou t in 2020. The operator has continued to update and refresh the premises a nnually to maintain a high-end luxury business\, demonstrating a substanti al and ongoing commitment to the property and its customers.\n\nThe five-y ear lease has a commencement date of 1 July 2026 and a termination date of 30 June 2031\, with two further five-year options and fixed annual rental increases of 3%.\n\nThe Tenant - Eden Hair Energy\n\nBusy and booked in a dvance\, Eden Hair Energy combines 12 years of business history with an es tablished presence in the Dickson community. Its central and accessible lo cation provides convenience for clients and staff.\n\nRent represents appr oximately 10% of turnover\, compared with the stated industry benchmark of up to 15%\, providing greater headroom to meet rental commitments. This r atio is achieved while the established business trades just four days per week.\n\nThe operator deliberately trades Wednesday to Saturday\, achievin g strong turnover while maintaining team work-life balance. Additional tra ding days may offer potential for further growth\, subject to demand and t he operator's plans.\n\n- Eden Hair Energy\, established in 2014.\n- 12 ye ars of business trading history.\n- Over $350\,000 invested in the fitout in 2020.\n- Annual updates and refreshes to maintain a luxury business env ironment.\n- Rent approximately 10% of turnover.\n- Deliberately trading W ednesday to Saturday.\n- Five-year lease term: 1 July 2026 to 30 June 2031 .\n- Two further five-year options.\n- Fixed annual rental increases of 3% \, with market reviews at option exercise.\n \nThe Property - Visibility\, Accessibility and Modern Presentation\n\nPositioned on a prominent ground -floor corner opposite Dickson Bus Interchange and adjacent to ACT Governm ent offices\, the property combines visibility with convenient access for customers and staff.\n\nThe DKSN precinct brings together apartments\, off ices\, hospitality\, retail\, childcare and government services. Nearby li ght rail connects the precinct with the broader city\, while Canberra's CB D is approximately just 3.5 kilometres away.\n\nThe premises comprise appr oximately 115m² of internal space\, complemented by a substantial 78m² w raparound covered outdoor area and one basement car space.\n\n- Ground-flo or corner position beside a pedestrian plaza.\n- Modern building construct ed circa 2020.\n- Approximately 115m² internal area.\n- Approximately 78m ² covered outdoor area.\n- One basement car space.\n- Internal amenities including\, toilet\, kitchenette and laundry.\n- Ducted reverse-cycle air conditioning.\n- Convenient access to bus and light rail services.\n \nThe Numbers - Income with Scheduled Rental Growth\n\nCommencing gross rental income is $110\,909 plus GST per annum.\n\nAfter estimated owner's outgoin gs of $21\,458 per annum\, the assessed net annual income is approximately $89\,451\, excluding GST.\n\nThis represents an indicative net yield of 5 .96% at a purchase price of $1.5 million\, before acquisition costs. The a ctual yield will depend on the agreed purchase price and operating expense s.\n\nFixed annual increases of 3% provide scheduled rental growth through out the initial lease term\, with market reviews applying at option exerci se.\n\nConsiderable Remaining Depreciation Potential\n\nConstructed circa 2020\, the property offers the potential for considerable remaining deprec iation deductions\, which may enhance the purchaser's after-tax return.\n\ nAvailable deductions will depend on qualifying construction costs\, owner ship of eligible assets and the purchaser's circumstances. A qualified qua ntity surveyor can assess the remaining deductions and prepare a depreciat ion schedule.\n\nThe tenant's fitout investment demonstrates its commitmen t to the premises. Purchaser deductions depend on which assets form part o f the property acquisition.\n\nAn Established Business. A Prominent Proper ty. Your Next Investment.\n\nFor investors who assess both the operator an d the real estate\, this opportunity brings together Eden Hair Energy's es tablished community presence\, substantial ongoing investment\, modern pre mises and a five-year lease term with further options.\n\nOffers invited a bove $1.5 million.\n\nContact the agent to arrange a private inspection an d request the lease documentation\, property information and supporting fi nancial details.\n\nAreas are approximate. Financial estimates are based o n the July 2026 assessment. Business history\, fitout expenditure and oper ating information are vendor-advised. Depreciation eligibility and sale GS T treatment require confirmation by the purchaser's advisers. DTEND:20261025T130000 DTSTAMP:20260924T080007Z DTSTART:20261025T123000 SEQUENCE:0 SUMMARY:Inspection: G2/19 Challis Street\, Dickson ACT UID:CRE-2021182923-Inspection5 X-ALT-DESC;FMTTYPE=text/html:

An Established Tenant. A Standout Pro perty. A Winning Combination.
Unit 106\, 19-21 Challis Street\, Dick son ACT\n
Offers Over $1.5 Million\n
\n
A commercial inv estment brings two things into focus: the quality of the tenant and the qu ality of the property. This opportunity offers a compelling combination of both.\n
\n
Eden Hair Energy\, established in 2014 and firmly established in the Dickson community\, occupies modern commercial premises in the DKSN precinct.\n
\n
Over $350\,000 was invested in the fitout in 2020. The operator has continued to update and refresh the prem ises annually to maintain a high-end luxury business\, demonstrating a sub stantial and ongoing commitment to the property and its customers.\n
\n
The five-year lease has a commencement date of 1 July 2026 and a termination date of 30 June 2031\, with two further five-year options and fixed annual rental increases of 3%.\n
\n
The Tenant - Eden H air Energy\n
\n
Busy and booked in advance\, Eden Hair Energy combines 12 years of business history with an established presence in the Dickson community. Its central and accessible location provides convenienc e for clients and staff.\n
\n
Rent represents approximately 10 % of turnover\, compared with the stated industry benchmark of up to 15%\, providing greater headroom to meet rental commitments. This ratio is achi eved while the established business trades just four days per week.\n
\n
The operator deliberately trades Wednesday to Saturday\, achiev ing strong turnover while maintaining team work-life balance. Additional t rading days may offer potential for further growth\, subject to demand and the operator's plans.\n
\n
- Eden Hair Energy\, established i n 2014.\n
- 12 years of business trading history.\n
- Over $35 0\,000 invested in the fitout in 2020.\n
- Annual updates and refres hes to maintain a luxury business environment.\n
- Rent approximatel y 10% of turnover.\n
- Deliberately trading Wednesday to Saturday.\n
- Five-year lease term: 1 July 2026 to 30 June 2031.\n
- Two further five-year options.\n
- Fixed annual rental increases of 3%\, with market reviews at option exercise.\n
\n
The Property - Visibility\, Accessibility and Modern Presentation\n
\n
Positi oned on a prominent ground-floor corner opposite Dickson Bus Interchange a nd adjacent to ACT Government offices\, the property combines visibility w ith convenient access for customers and staff.\n
\n
The DKSN p recinct brings together apartments\, offices\, hospitality\, retail\, chil dcare and government services. Nearby light rail connects the precinct wit h the broader city\, while Canberra's CBD is approximately just 3.5 kilome tres away.\n
\n
The premises comprise approximately 115m² of internal space\, complemented by a substantial 78m² wraparound covered ou tdoor area and one basement car space.\n
\n
- Ground-floor cor ner position beside a pedestrian plaza.\n
- Modern building construc ted circa 2020.\n
- Approximately 115m² internal area.\n
- Ap proximately 78m² covered outdoor area.\n
- One basement car space.\ n
- Internal amenities including\, toilet\, kitchenette and laundry. \n
- Ducted reverse-cycle air conditioning.\n
- Convenient acc ess to bus and light rail services.\n
\n
The Numbers - Income with Scheduled Rental Growth\n
\n
Commencing gross rental inc ome is $110\,909 plus GST per annum.\n
\n
After estimated owne r's outgoings of $21\,458 per annum\, the assessed net annual income is ap proximately $89\,451\, excluding GST.\n
\n
This represents an indicative net yield of 5.96% at a purchase price of $1.5 million\, before acquisition costs. The actual yield will depend on the agreed purchase pr ice and operating expenses.\n
\n
Fixed annual increases of 3% provide scheduled rental growth throughout the initial lease term\, with m arket reviews applying at option exercise.\n
\n
Considerable R emaining Depreciation Potential\n
\n
Constructed circa 2020\, the property offers the potential for considerable remaining depreciation deductions\, which may enhance the purchaser's after-tax return.\n
\ n
Available deductions will depend on qualifying construction costs\ , ownership of eligible assets and the purchaser's circumstances. A qualif ied quantity surveyor can assess the remaining deductions and prepare a de preciation schedule.\n
\n
The tenant's fitout investment demon strates its commitment to the premises. Purchaser deductions depend on whi ch assets form part of the property acquisition.\n
\n
An Estab lished Business. A Prominent Property. Your Next Investment.\n
\n For investors who assess both the operator and the real estate\, this opportunity brings together Eden Hair Energy's established community prese nce\, substantial ongoing investment\, modern premises and a five-year lea se term with further options.\n
\n
Offers invited above $1.5 m illion.\n
\n
Contact the agent to arrange a private inspection and request the lease documentation\, property information and supporting financial details.\n
\n
Areas are approximate. Financial esti mates are based on the July 2026 assessment. Business history\, fitout exp enditure and operating information are vendor-advised. Depreciation eligib ility and sale GST treatment require confirmation by the purchaser's advis ers.

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