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Sold on 18 Jun 2018

12 - 14/24 Iron Knob Fyshwick ACT 2609

  • Offices
  • 298 m²
  • Sold

High Yield Office Investment Circa 8%

    Fully leased to October 2018, with a brand new 4 year lease commencing November 2018, plus options to 2028.
    Leased to Geocon Group trading as Abode Hotels with 5 hotels and over 400 rooms with an additional 4 hotels in the pipeline.
    Geocon: ACT's leading developer of high rise apartments and sustainable hotels, with $400 million in annual turnover.
    Located in Fyshwick, Canberra's premium industrial, retail and office region, the office backs on to the major intersection of Hindmarsh Drive and Canberra Avenue.
    Close to major retailers including Anaconda, Baby Bunting, Mercedes Canberra, Repco and Canberra Outlet Centre (formerly DFO).
    The 298 sqm first floor strata unit has a remarkable office fit-out including boardroom, kitchenette, separate offices, and open plan workstations with 8 dedicated car spaces on title.
    Tenant pays increases on base year outgoings as per the lease.
    Fixed 3% annual rent increases.
    Net Income: $91,614 + GST.

    AUCTION

    Auction date and time19/06/2018 11:00
    Auction locationAsk Agent
    Guy Randell
    Burgess Rawson Canberra
    Guy Randell
    Burgess Rawson Canberra
    James Baker
    Burgess Rawson Canberra
    James Baker
    Burgess Rawson Canberra

    Property Highlights

    Property ID2014391482
    Date Sold18 Jun 2018
    Floor Area298 m²
    Land Area4,825 m²
    ParkingAsk Agent
    Category
    Last updated  18 Jun 2018
    Map for 12 - 14/24 Iron Knob Fyshwick ACT 2609
    Map for 12 - 14/24 Iron Knob Fyshwick ACT 260912 - 14/24 Iron Knob Fyshwick ACT 2609
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Guy Randell
    Burgess Rawson Canberra
    Guy Randell
    Burgess Rawson Canberra
    James Baker
    Burgess Rawson Canberra
    James Baker
    Burgess Rawson Canberra

    Property Highlights

    Property ID2014391482
    Date Sold18 Jun 2018
    Floor Area298 m²
    Land Area4,825 m²
    ParkingAsk Agent
    Category
    Last updated  18 Jun 2018
    Burgess Rawson Canberra
    G03/19 Challis St Dickson ACT 2602
    Guy Randell
    Burgess Rawson Canberra
    Guy Randell
    Burgess Rawson Canberra
    James Baker
    Burgess Rawson Canberra
    James Baker
    Burgess Rawson Canberra

    Ask Guy Randell about this property

    Guy Randell

    Guy Randell

    Burgess Rawson Canberra

    James Baker

    James Baker

    Burgess Rawson Canberra

    0430 *** ***
    0430272999

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