19-21 Edgar Street is a prominent free standing building located on a major corner within the heart of the Ainslie neighbourhood local centre. Offered for sale in one line, units 1, 2 and 3 provide a fully leased medical centre servicing the Inner North of Canberra, just 3km from the Canberra CBD.
This property for sale presents buyers with a superb passive investment and an exceptional opportunity to acquire a property in one of Canberra’s most affluent and tightly held suburbs. The building is fully leased to Healthscope Medical Centres (ASX listed) with the lease expiring on 7 January 2020 and with further options to extend. The net leasing arrangement provides easy management and the investment has a current net passing income of $130,645 p.a. + GST.
In addition to the superb investment attributes, 19-21 Edgar Street also presents buyers with the possibility of future re-development, with the 592m² corner site featuring CZ4: Local Centre zoning*.
* Subject to planning approval