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79-82/17 The Causeway Kingston ACT 2604

  • Offices
  • 576 m²
  • For Sale, EOI Closing 3pm Wednesday 18 Nov

New Highly Flexible and Secure Investment In Perhaps Canberra's Most Unique Mixed Use Development

    Kingsborough is a new urban village where the ideas of community, creativity and sustainability collide. Its nestled behind the buzzing Kingston Foreshore and offers something a bit different for Canberra's inner south. There are shared gardens, a village square, indoor pool and gym, shops, offices and a variety of residences, but most of all, a sense of community. The Kingsborough residences are made up of 280 apartments, terrace homes and warehouse dwellings that provide a perfect retreat from city life.

    This unique development offers the following outstanding investment property for sale.

    • 4 interconnected ground floor strata units totaling 576 sqm ranging in size from 55 sqm to 199 sqm providing ultimate flexibility for the future.
    • The tenancy is constructed around a striking light well/atrium and features a high quality fit out including its own toilets and shower.
    • Includes 8 basement carparks (tandem configuration) and 4 storage cages.
    • 5 plus 5 year lease commencing 1 March 2020 to Ascentem, one of Canberra's leading psychological practices.
    • The lease provides a net income of circa $192,747 pa plus GST, fixed 4% increases, recovery of increases in outgoings, bank and personal guarantees.
    • Extremely broad purpose clause including office, retail, residential, restaurant, community use*, indoor recreation, serviced apartment and more.
    * Excludes child care, and religious uses

    Expressions Of Interest Closing 3pm Wednesday 18 November 2021

    Mark Thompson
     Ray White Commercial Canberra
    Mark Thompson
    Ray White Commercial Canberra

    Property Highlights

    Property ID2017327851
    Floor Area576 m²
    Land AreaAsk Agent
    Energy0-star NABERS Energy rating
    Parking8 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  15 Oct 2021
    Map for 79-82/17 The Causeway Kingston ACT 2604
    Map for 79-82/17 The Causeway Kingston ACT 260479-82/17 The Causeway Kingston ACT 2604
    Mark Thompson
     Ray White Commercial Canberra
    Mark Thompson
    Ray White Commercial Canberra

    Property Highlights

    Property ID2017327851
    Floor Area576 m²
    Land AreaAsk Agent
    Energy0-star NABERS Energy rating
    Parking8 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  15 Oct 2021
     Ray White Commercial Canberra
    Level 6 / 28 University Ave Canberra ACT 2600
    Mark Thompson
     Ray White Commercial Canberra
    Mark Thompson
    Ray White Commercial Canberra
    Mark Thompson

    Mark Thompson

    Ray White Commercial Canberra

    0438 *** ***
    0438 624 042

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