Prime Investment with Long Term Government Income 2-6 Bowes Street is a fully refurbished building located in the the Woden Town Centre. Boasting a 13.27 year WALE with the ACT government occupying 88% of the building on a 15 year lease commencing in early 2017.
The property has been fully refurbished to meet the government's occupancy requirements, and provides investors with a stable, secure income stream with minimal short term capital expenditure. Fixed annual rental increases provide income growth through the term of the lease. Properties with lease covenants of this nature are rarely traded.
Office/Retail Medical Suites Francis Chambers is a three level building conveniently located across from the main entrance to Westfield's Woden. The building has just undergoing significant upgrades. High quality suites are available both for Sale and Lease, with a variety of tenancies ranging in size from 91-1,200m2. Suitable for a variety of users including; office, medical, retail, caf, banks and heath centres. On-site car parking, with an allocated spaces for each tenancy. Ideal for owner occupier or investor.
Blue Chip Investment - LEASED at $180,000 pa excluding gst
8% net return - approx
Total first floor premises of 982m2 in the heart of Southlands shopping precinct.
Leased : 5 years + 5 year option
Current Rent : $180,000 pa ( excluding GST )
Net Rent : $137,000 pa approx
Inspections by appointment
All rent and outgoing details have been supplied by the owner. All information contained herein is believed to be correct. However, interested parties should make their own enquiries to satisfy themselves in this regard, as the owners and their agent accept no responsibility for errors and omissions.