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22 Thynne Street Bruce ACT 2617

  • Offices
  • Floor Size1,963 m²
  • PriceFor Sale, $6,250,000+

Childcare & Commercial Investment Opportunity

  • 12 Year lease to Guardian Early learning
  • 8.55 years WALE by income
  • Potential Future Development

22 Thynne Street is a two storey commercial development, with a large dedicated car park, located a prominent corner in the Canberra suburb of Bruce. The ground floor is wholly tenanted by Guardian Early Learning Centre until 2029.

The first floor office accommodation has recently undergone significant refurbishment. The works included reconfiguration to 3 office tenancies, an upgraded common area providing new male, female and ambulant bathroom amenities.

The property's HVAC system and lift underwent a full upgrade in 2010 with the works totalling $867,000.

Investment Highlights
· WALE 8.55 years by Income* (As at 1 Aug 2017)
· 2 new 5 year leases to new tenants
· 12 year lease to National childcare provider
· Large dedicated car park
· Further potential development permitted pending approvals

Financial Details
Estimated Net Passing Income $362,040 pa*
Estimated Net Income Fully Leased $461,803 pm*
(Exclusive of GST)
*Approximate

The property is not NABERs applicable as it is >50% occupied by a non-office tenant.

For the formal Information Memorandum please contact the exclusive selling agents.

Property Highlights

Property ID2013760496
Floor Area1,963 m²
Land Area6,167 m²
EnergyAsk Agent
Parking65 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  30 Oct 2018
Map for 22 Thynne Street Bruce ACT 2617
Savills Canberra
Level 7, 54 Marcus Clarke Street Canberra ACT 2600

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