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16/17/2 King Street
Deakin ACT 2600
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Sold on 24 Jan 2020

16/17/2 King Street Deakin ACT 2600

  • Offices
  • 461 m²
  • Sold

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*

CBRE Canberra
CBRE Canberra
Level 4, 2 Constitution Avenue
City, ACT 2601

Property Highlights

Date Sold24 Jan 2020
Floor Area461 m²
Land AreaAsk Agent
ParkingOn site parking available
Property ID2013414092
Category
Last updated  30 Jul 2020
Map for 16/17/2 King Street Deakin ACT 2600

Nearest transport* to 16/17/2 King Street Deakin ACT 2600

Bus
Denison St after King St58 m
Denison St after Napier Cl90 m
Alfred Deakin High School Grounds SSO190 m
Alfred Deakin High School Grounds191 m
This data is © 2024 Transport Canberra, licenced under CC BY 4.0.
*Within a 4km radius
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CBRE Canberra
CBRE Canberra
Level 4, 2 Constitution Avenue
City, ACT 2601

Property Highlights

Date Sold24 Jan 2020
Floor Area461 m²
Land AreaAsk Agent
ParkingOn site parking available
Property ID2013414092
Category
Last updated  30 Jul 2020

Co-Agents

Tristan Cotchett
Tristan Cotchett
CBRE Canberra
Call
0432642315
Nic Purdue
Nic Purdue
CBRE Canberra
Call
0459481544

More about 16/17/2 King Street Deakin ACT 2600

16/17/2 King Street Deakin ACT 2600 is categorized as Office. It has a floor area of 461 m². The listing ID for this property is 2013414092.

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