Raine & Horne Commercial Canberra are pleased to offer Unit 10, 2 Dominion Place for sale as a tenanted investment opportunity.
Queanbeyan has fast become an ideal option for Canberra-based businesses to operate from due to more affordable rents and its proximity to Fyshwick (approx. 5 minutes' drive), Canberra CBD (approx. 15 minutes' drive) and Googong (approx. 5 minutes' drive). Queanbeyan also offers easy access to the Federal Highway (via Sutton Road), Cooma (via Monaro Highway) and the South Coast (via Kings Highway).
Designed by award winning DNA Architects, 2 Dominion Place comprises:
• 11 individual high-quality commercial tenancies
• Ability to combine tenancies or lease the entire development
• A mix of colourbond cladding and glass frontages
• 5m-high roller doors & separate single swing doors
• Clear span warehousing
• DA compliant bathrooms comprising toilets, hand basins and showers (Units 1-2)
• Kitchenettes for the use of staff & customers (Units 1-2)
• Water connection point for future amenities depending upon tenancy fitout (Units 3-11)
• 3-phase power supply
• Allocated parking and truck access
• Good signage opportunities
The tenancies are suitable for a range of commercial uses including corporate offices, light industrial warehousing and retail showrooms.
Unit 10 is an 83sqm high clearance warehouse unit with 1 allocated carpark. The unit is leased to Lion Batteries on the following high-level lease terms:
• Lease Commencement: 1st June 2024
• Lease term: 2+2 years
• Commencing Rent: $28,000pa +GST (gross)
• Rental Increases: 4% per annum (including on the exercise of the option)
• Security: Cash Bond equivalent to 3 months' rent ($7,700 inc GST)
For further information or to arrange an inspection, please contact Raine & Horne Commercial canberra.