1/78-80 Emu Bank Belconnen ACT 2617

Shop & Retail
571 m²
Sold

LANDMARK WATERFRONT INVESTMENT – 4% ANNUAL INCREASES !

Net Income: $276,056pa + GST*
Fixed 4% annual increases
Landmark site on scenic Lake Ginninderra

Cushman & Wakefield are pleased to bring to the market 1/78-80 Emu Bank, Belconnen. Positioned on scenic Lake Ginninderra this waterfront investment boasts the landmark Lighthouse Bar and Restaurant.

This outstanding investment opportunity features:

* Renewed 4 year lease to 2021 plus options to 2025
* Leased to Lighthouse Bar and Restaurant – Has traded as The Lighthouse since 2003
* Also includes adjoining ‘Local Liquor’ Bottle Shop – National liquor retailer with 300 stores across Australia.
* Tenancy has traded as a bar/restaurant for over 30 years
* Ideally positioned in walking in distance to the University of Canberra and Westfield Belconnen
* Belconnen – Located approximately 7 kilometres from the CBD of Canberra, Belconnen is the most populous district within the Australian Capital Territory with more than 96,000 people.
* Tenant to pay all outgoings (excluding strata management fees).
* Fixed 4% annual increases
* Net income: $276,056pa + GST*

For Sale via auction on Tuesday 5 December 2017 at 10:30am AEDT at the Cushman & Wakefield offices - Level 22 / 1 O’Connell Street, Sydney.

For more information please don’t hesitate to contact exclusive agents Cushman & Wakefield

Yosh Mendis
0434 413 188

Ryan Cross
0402 147 124

Tom Barnier
0499 888 024

*approximately

AUCTION

Auction date and time	05/12/2017 10:30
Auction location	Level 22, 1 O'Connell Street, Sydney

Cushman & Wakefield Sydney

Level 22/1 O'Connell St

Sydney, NSW 2000

Property Highlights

Date Sold	5 Dec 2017
Floor Area	571 m²
Land Area	Ask Agent
Parking	On site parking available
Property ID	2013993741
Category	Shop & Retail Offices Showrooms / Bulky Goods Other
Last updated	6 Dec 2017

Map for 1/78-80 Emu Bank Belconnen ACT 2617

Nearest transport* to 1/78-80 Emu Bank Belconnen ACT 2617

Bus

Belconnen Interchange Plt 1	250 m
Eastern Valley Way Bus Stn	275 m
Belconnen Interchange Plt 2	289 m
Belconnen Interchange Plt 6	297 m

*Within a 4km radius

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Cushman & Wakefield Sydney

Level 22/1 O'Connell St

Sydney, NSW 2000

Property Highlights

Date Sold	5 Dec 2017
Floor Area	571 m²
Land Area	Ask Agent
Parking	On site parking available
Property ID	2013993741
Category	Shop & Retail Offices Showrooms / Bulky Goods Other
Last updated	6 Dec 2017

Listed by

Ryan Cross

Cushman & Wakefield Sydney

Call

0402 147 124

More about 1/78-80 Emu Bank Belconnen ACT 2617

1/78-80 Emu Bank Belconnen ACT 2617 is categorized as Shop & Retail Property. It has a floor area of 571 m². The listing ID for this property is 2013993741.