Unit 16, Level 4, 28 University Avenue Canberra City is a fantastic opportunity to buy a tenanted investment in the CBD consisting of a neat 53.5 sqm office unit located within the burgeoning City West precinct.
The unit has a secure tenant in place until April 2015 who has a further 2 year option after that date.
Current Gross Rental - $20,885.00 per annum + GST
FY 14/15 Outgoings - $7,111.50
The existing fit-out, which was built in 2013, consists of meeting room, two offices and a professional reception area. The building is serviced by two lifts, and is within walking distance to major public parking facilities including the city west car park.
The unit has great views over the ANU and Brindabella's and the buildings common areas are currently going through a refurbishment program.
The opportunity to buy small, high quality units like this are extremely rare, especially in the CBD. This will not last long.
