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2 Ibbott Lane
Belconnen ACT 2617
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Stonebridge Property Group

2 Ibbott Lane Belconnen ACT 2617

  • Shop & Retail
  • 3,686 m²
  • Expressions of Interest

Belconnen Convenience Retail, Canberra ACT

  • 7 Premium Retail Investments
  • 100% Leased
  • Acquire Individually or In-One-Line

Stonebridge Property Group is pleased to present for sale Belconnen Convenience Retail, 7 fully leased high growth investments that offers the flexibility to acquire individual shops, groups of shops, or in-one-line.

Key highlights of the opportunity include:

- Modern daily needs, convenience and medical investment constructed in 2020
- 100% leased - national tenants Chemist Warehouse, Petbarn, a medical centre, gym and 4 complementary retailers
- Strong rental growth, weighted avg. rent reviews of 3.8% pa + significant depreciation potential
- Set within a dominant retail precinct, total trade area population of 511,000+ persons#
- Mixed-use precinct - 8,000+ dwellings in the pipeline^ within the main trade area alone
- Prominent 4,818 sqm* corner site, prior approval achieved for 169 units
- Maximum flexibility - 7 lots incl. basement parking for 79 cars, 2 separate buildings, multiple value-add and exit strategies

*Approximately
#Location IQ
^Location IQ, pipeline includes in planning, approved, under assessment, or under construction

Belconnen Convenience Centre is for sale individually, in groups, or in-one-line by public Expressions of Interest closing Wednesday 25 October 2023 at 4pm (AEDT)

To obtain further information or to arrange an inspection, please contact the Stonebridge team.

EXPRESSION OF INTEREST

Closing date and time25/10/2023 16:00
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Floor Area3,686 m²
Land Area4,817 m²
Parking79 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2018791874
Category
Last updated  23 Oct 2023
Map for 2 Ibbott Lane Belconnen ACT 2617

Property Highlights

Floor Area3,686 m²
Land Area4,817 m²
Parking79 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2018791874
Category
Last updated  23 Oct 2023
Level 7, Martin Place Sydney NSW 2000

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