Investment Opportunity is available for two different shops with a variety of tenants and lease terms afoot.
Morris Property Group is pleased to present multiple investment opportunities at the newly completed Parc Village Retail Precinct. Parc Village, adjacent to Jamison Plaza, has fast become one of the most sought after retail locations with close proximity to Belconnen Town Centre.
This multi-use precinct houses over 70 residential units above and 40 townhouses a short walk away to additional apartment complexes just off Bowman St.
Zooming out and looking at the Macquarie and surrounding area, the local retail shops of Parc Village and Jamison Centre benefit from the University of Canberra, Radford College, Canberra High as well as being the premier shopping hub of the Inner West Belconnen.
Lessee:Thai Massage
Commencement:1 September 2021
Lease Term:5 years
Option/s:5 years
Net Annual Income:$30,205 +GST
Outgoings: Tenant pays its proportionary share of incrrease over a base year of 30 June 2020
Annual Increases:3.5%
For more details or to further inspect the property please contactMichael Morris.