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1-3/16 Moore Street, Canberra ACT 2600

  • Retail
  • Floor Size213 m²
  • PriceFor Sale, $1,430,000

Canberra, CBD Retail Investment Circa 7% yield - Stamp Duty Exempt

Affordable retail investment in excellent Canberra CBD Location
4.5 year lease to December 2020 with options to 2026
Leased to Hannara Korean BBQ: Locally owned and operated authentic Korean cuisine. Canberra's only all you can eat Korean Buffet.
213 sqm ground floor strata unit with wide 22.5 m frontage on busy Barry Drive
No stamp duty payable*
Located in the heart of Canberra's business and university precinct, just meters away from Northbourne Ave, the new light rail stop, the Australian National University and Canberra’s main public and private sector office's
Tenant pays increases in outgoings over base year, as per lease
Exceptional 4% fixed rental increases
Net income: $105,161 pa + GST

For Sale by Private Treaty - Circa 7%

*As per ACT stamp duty exemption (commercial) effective 6 June 2018

Property Highlights

Property ID2014587513
Floor Area213 m²
Land Area1,487 m²
Parking3 x Onsite parkings
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  7 May 2019
Map for 1-3/16 Moore Street, Canberra ACT 2600
Burgess Rawson Canberra
Level 1, 41 Eastlake Parade Kingston ACT 2604

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