C02/25 Challis Street Dickson ACT 2602

Burgess Rawson is pleased to present this exceptional investment opportunity exclusively available in the market, with a lease secured by Homeplus Property Group Pty Ltd in the new DKSN precinct.

Homeplus Property Group is a dynamic and innovative real estate company that provides comprehensive services to both residential and commercial clients. Their team of experienced real estate professionals is dedicated to ensuring that there clients receive the best possible outcome in their real estate transactions.

The newly completed DKSN 2.0 precinct, developed and constructed by DOMA-Englobo, represents a top-tier development that seamlessly integrates lifestyle, business, and retail spaces. The DKSN precinct is a dynamic hub, encompassing a wide range of high-level businesses, over 700 residents, numerous retail and food establishments, medical centers, a Club Lime gym, a supermarket, and an array of forthcoming additions.

Dickson is a vibrant suburb in Canberra, Australia. Known for its diverse community and bustling atmosphere, Dickson offers a wide range of amenities and attractions. It features a popular shopping precinct, with a variety of retail stores, restaurants, cafes, and entertainment venues. Dickson is also home to a multicultural food scene, offering an array of international cuisines. The suburb has convenient access to public transportation and is located close to major landmarks and employment centers in Canberra. Additionally, Dickson hosts regular community events and has a strong sense of community spirit. Positioned as the primary transportation hub for Canberra's modern light rail and bus network.

Highlights:
- Stamp Duty Free
- 53sqm with 12sqm exclusive outdoor dining
- 1 Tenant Carpark and storage container in Basement
- 7 year net lease
- CZ5: MIXED USE
- Brand new in award winning precinct mixed use precinct
- Tenant pays 100% outgoings, as per lease
- Fixed 3% increases

Lessee: Homeplus Property Group Pty Ltd
Lease Term: 7 years
Lease Commencement: 1 March 2023
Lease Expiry: 28 February 2030
Increases: 3% Fixed per annum

Net Income: $38,500 per annum

To be sold by Investment Portfolio Auction
10:30 am AEST Tuesday 5 December 2023
Sydney Opera House

For more information please call Guy Randell on 0430 272 999 or James Baker on 0403 580 528.