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16/17/2 King Street Deakin ACT 2600

  • Offices
  • 461 m²
  • For Sale, Contact Agent (under offer)

INVESTMENT OPPORTUNITY - LONG LEASE!

  • GOVERNMENT OWNED LEASE COVENANT
  • LONG LEASE IN PLACE
  • 4% FIXED ANNUAL INCREASES

For sale is units 16 and 17 of 2 King Street, Deakin which presents as an exceptional investment opportunity, with a long lease in place to a Government owned lease covenant. This is a fantastic opportunity for anyone looking to add to their current portfolio or invest their super.

Investment highlights:

+ Current net passing income - $175,928 pa
+ 4.00% annual rent increases until Nov 2027
+ Strong performing strata development
+ Premier boutique Canberra location
+ Well connected location with further enhancements
+ Guaranteed rental growth
+ Long history of low vacancy in the building
+ Government owned lease covenant

This is an opportunity to invest in this innovative development which has attracted high calibre tenants such as Sydney IVF, Aspen Medical, Queensland University of Technology, National Accreditation Authority for Translators & Interpreters (NAATI), Frog Tech Pty Ltd and Rural Funds Management.
The building has an excellent central address with easy access to Woden, Canberra City and the Parliamentary Triangle.

Building features include:
* New high quality office/ medical accommodation
* Innovative design
* Designed to achieve 4.5 NABERS rating
* Abundance of natural light

Surrounding amenities include:
* Pool facility for lap swimming and hydro therapy
* Recreation ovals
* Cafe offering catering services
* Child care centre
* Medical and dental services
* Ample public parking available directly opposite the building

Please contact CBRE for further information or to register your interest before EOI closes on the 18th June 2020 at 4pm.

Approx*

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

Property Highlights

Property ID2013414092
Floor Area461 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypePartial building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  29 Jun 2020
Map for 16/17/2 King Street Deakin ACT 2600
Map for 16/17/2 King Street Deakin ACT 260016/17/2 King Street Deakin ACT 2600
CBRE Canberra
Level 4, 2 Constitution Avenue City ACT 2601

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

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Contact Agent