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141/2 Akuna Street
City ACT 2601
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141/2 Akuna Street City ACT 2601

  • Shop & Retail
  • 38 m²
  • For Sale, $225,000 (GST na)

Entry Level Commercial Investment Located Within Popular Canberra CBD Retail Arcade

    Raine & Horne Commercial Canberra are pleased to offer this newly leased tenanted investment for sale located within a popular Canberra CBD retail arcade.

    • 38sqm ground floor commercial unit
    • Clean and tidy open plan tenancy with high ceilings
    • Fit-out comprising carpet tiles, plasterboard walls, grid ceiling & ducted air conditioning
    • Kitchen with dishwasher & space for fridge
    • Ability to remove the partitions to open up the space
    • Common toilet facilities with key access
    • No stamp duty or GST payable (supply of going concern)

    The property has recently been leased on the following terms:

    • Tenant: Hellfish Pty Ltd (trading as Gather Catering Kitchen)
    • Lease Commencement: 1st November 2023
    • Lease Expiry: 7th March 2027
    • Option Period: 5 years
    • Commencing Rent: $22,000pa +GST (gross)
    • Rent Reviews: Fixed at 4% annually (including at exercise of option)
    • 1st ent Review: 8th March 2024
    • Security: 3-Month Bank Guarantee & Director's Guarantee

    Approximate Outgoings:
    • Rates: $4,220
    • Strata: $3,404
    • Water: $702
    • TOTAL: $8,327

    Approximate Net Income (as at 8th March 2024): $14,553pa +GST

    This property is offered for sale at $225,000 (equating to an approx net return of 6.5%).

    For further information, or to arrange an inspection, please contact Mark Nicholls of Raine & Horne Commercial on 0417 239 551.

    Property Highlights

    Floor Area38 m²
    Land AreaAsk Agent
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2018903197
    Category
    Last updated  15 Nov 2023
    Map for 141/2 Akuna Street City ACT 2601

    Property Highlights

    Floor Area38 m²
    Land AreaAsk Agent
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2018903197
    Category
    Last updated  15 Nov 2023
    Level 5, 490 Northbourne Avenue Dickson ACT 2602

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