49/52-60 Alinga Street City ACT 2601
- Shop & Retail
- 70 m²
- For Sale, Private Treaty - $850,000 excl. GST
Leased Investment / The Blue Olive
This is a fantastic opportunity to secure a leased investment in the heart of the Canberra CBD with an established tenant.
The property is part of the iconic Melbourne Building, which is a 2-level heritage listed development built and refurbished progressively from the 1920s onwards.
Unit 49 is 100% leased to The Blue Olive for the operation of a longstanding and popular café. The property has prime frontage to Alinga Street facing the Canberra City Australia Post.
Key investment highlights are as follows:
Unit area of 70 sqm (approx.)
Body corporate land area of 3,246 sqm
Prime frontage to Alinga Street
5 year lease to The Blue Olive
Lease expiry in May 2023
Estimated net income of $46,650 p.a.
The property is For Sale by Private Treaty with an Asking Price of $850,000 excluding GST.
|Floor Area||70 m²|
|Land Area||Ask Agent|
|Parking||On site parking available|
|Building Type||Partial building|
|Annual Return||Ask Agent|
|Last updated||15 Oct 2020|
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