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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.

    Property Highlights

    Property ID2016557140
    Floor Area70 m²
    Land AreaAsk Agent
    ParkingOn site parking available
    Building TypePartial building
    Annual ReturnAsk Agent
    Last updated  15 Oct 2020
    Map for 49/52-60 Alinga Street City ACT 2601
    Map for 49/52-60 Alinga Street City ACT 260149/52-60 Alinga Street City ACT 2601
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