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19 Marcus Clarke Street City ACT 2601

  • Shop & Retail
  • 342 m²
  • For Sale, Contact Agent

CBD Office & Retail Investment

  • 5.8 year WALE* by Income
  • Fixed 3.5% & 3.75% rental increases
  • Net equivalent income: $146,077 pa*+GST

Situated on the ground floor of the NewActon South mixed-use development in the heart of the popular NewActon precinct, Units 130 and 190 represent a truly unique opportunity to acquire commercial units within a prestigious ACT location. 

Unit 130 is a ground floor 290sqm* strata unit leased to the popular Mocan & Green Grout, and Benchmarc Financial Group. Unit 190 contains the Kendall Lane Theatre, a 52sqm* unit that it utilised as an in-house cinema/conference area, for the Benchmarc Financial Group, providing 35 seats. This unit is fully equipped with state-of-the-art projection and sound technology. Units 130 and 190 provide purchasers with two highly versatile commercial units (sold in one line) in one of Canberra's most coveted mixed-use precincts.

Combined 342sqm* of retail and office accommodation
Unit 130 (areas 1 & 2) leased to Mocan & Green Grout for seven years to December 2025
Unit 130 (area 3) and Unit 190 leased to Benchmarc Financial group for seven years to 2027 + option
5.8 years WALE* by income
Excellent fixed 3.5% & 3.75% annual rental increases
35 seat cinema included in the sale
Located in the award winning NewActon precinct
Net equivalent income: $146,077 pa* + GST
For sale by expression of interest closing 4pm (AEST) Thursday 27 May 2021.

For further information or to arrange an inspection please contact the exclusive listing agents.

*all figures are approximate.

Mitch Frail
JLL - Canberra
Mitch Frail
JLL - Canberra

Property Highlights

Property ID2016959084
Floor Area342 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  27 Apr 2021
Map for 19 Marcus Clarke Street City ACT 2601
Map for 19 Marcus Clarke Street City ACT 260119 Marcus Clarke Street City ACT 2601
Mitch Frail
JLL - Canberra
Mitch Frail
JLL - Canberra

Property Highlights

Property ID2016959084
Floor Area342 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  27 Apr 2021
JLL - Canberra
Level 7, 121 Marcus Clarke St Canberra ACT 2600
Mitch Frail
JLL - Canberra
Mitch Frail
JLL - Canberra
Mitch Frail

Mitch Frail

JLL - Canberra

+61 *** ***
+61 61429103979

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