6/236-242 Cowlishaw Street Greenway ACT 2900
- 93 m²
- For Sale, Price on Application
Tenanted Investment in the South of Canberra
Belle Property Retail Canberra are pleased to offer Unit 6, Lakeview House, 236-242 Cowlishaw Street for sale. This second floor office tenancy is located in the Town Centre of Tuggeranong; neighbouring Federal Government Departments, South.Point Shopping Centre and the heart of a residential catchment area with almost 90,000 residents.
Lake View House abuts Lake Tuggeranong, and is located just metres from the doorstep of a major regional sized shopping centre, South.Point. The Crown Lease permits a broad range of uses including shop, medical, office, indoor recreation, restaurant and cafe. Uniquely, the Crown Lease also permits for residential accommodation; providing an investor with a potential asset class alternative in the future.
Unit 6 is a 93sqm second floor commercial tenancy with views to Lake Tuggeranong, currently fitted out for office use, and with a sun drenched north-facing balcony. The fitout is comprised of a reception area, boardroom, and two executive offices along with a kitchenette and bathroom. This unit also comes with 1 secure park on title.
The tenancy is leased to Tuggeranong Legal on a 3 year gross lease commencing 31 January 2019 and expiring 31 December 2023. The NET rental of $24,644.64 +GST increases annually by CPI during the term of the lease.
Tuggeranong Legal has been providing clients throughout the ACT with specialist conveyancing services for more than 30 years. The tenant has been located in Lakeview House since 2003.
Belle Property Retail Canberra are offering the property for sale by Expressions of Interest closing 4pm, Wednesday 30 June 2021. For further information or to arrange an inspection, please contact the exclusive agent, Nathan Dunn of Belle Property Retail Canberra.