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G09/35 Furzer Street
Phillip ACT 2606
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Sold on 2 Aug 2022

G09/35 Furzer Street Phillip ACT 2606

  • Shop & Retail
  • 59 m²
  • Sold, $645,000

Canberra's Newest Bite-Sized Investment Stamp Duty Free

Burgess Rawson are delighted to exclusively offer For Sale by Auction this bite sized foodie investment leased to Ramen O.

35 Furzer Street is part of the Alexander and Albemarle Precinct in the Woden Valley Town Centre and is close to Westfield Shopping Centre in the epicentre of the whole Canberra Region. With over 3000 apartments in planning or construction, the new CIT with over 6500 students annually and the light rail terminal all within a short walk coming this is Canberra's town centre renewal project.

The Albemarle and Alexander buildings experienced a large re-development which include 19 tenancies with exceptional tenants including The Alby Pub, Wonderschool Childcare, Bloom Cafe, Hiit Republic Gym and a number of cafes, restaurants and retail offerings. Designed by Capezio Copeland, constructed by BLOC and developed by the National Award-winning Doma Group they re-purposed the existing structure and were able to take advantage of the environmental benefits when transforming the building.

With white walls, tiled splash backs and timber benches the modern minimalist Japanese styled unit has an inviting layout, full of natural light.

Highlights Include:
+ 5 year lease to 2026 plus options to 2031
+ High density corporate population
+ Brand new asset
+ Hospitality institution in busy central CBD location
+ Tenant pays 100% of outgoings
+ 12,500 Commonwealth Government employees within short walking distance
+ 100m to Westfield Woden
+ New TAFE with 6500 students under construction

Lease Term: 5 years lease
Lease Commencement: 15/10/2021
Lease Expiry: 14/10/2026
Increases: 4% Rent Reviews
Option: 1 x 5 year options

Net Income: $34,000 pa + GST

AUCTION

Auction date and time02/08/2022 10:30
Auction locationYallamundi Rooms, Opera House Sydney
Burgess Rawson Canberra
Burgess Rawson Canberra
501/23 Challis Street
Dickson, ACT 2602

Property Highlights

Date Sold2 Aug 2022
Sold Price$645,000
Floor Area59 m²
Land Area1.01 ha
ParkingOn site parking available
Property ID2017918715
Category
Last updated  8 Aug 2022
Map for G09/35 Furzer Street Phillip ACT 2606

Nearest transport* to G09/35 Furzer Street Phillip ACT 2606

Bus
Woden Interchange, Platform 6236 m
Woden Temporary Interchange Plt 6244 m
Woden Temporary Interchange Plt 5245 m
Woden Temporary Interchange Plt 6 Arrive247 m
This data is © 2024 Transport Canberra, licenced under CC BY 4.0.
*Within a 4km radius
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Burgess Rawson Canberra
Burgess Rawson Canberra
501/23 Challis Street
Dickson, ACT 2602

Property Highlights

Date Sold2 Aug 2022
Sold Price$645,000
Floor Area59 m²
Land Area1.01 ha
ParkingOn site parking available
Property ID2017918715
Category
Last updated  8 Aug 2022

Co-Agents

Guy Randell
Guy Randell
Burgess Rawson Canberra
Call
0430272999
James Baker
James Baker
Burgess Rawson Canberra
Call
0421 863 040

More about G09/35 Furzer Street Phillip ACT 2606

G09/35 Furzer Street Phillip ACT 2606 is categorized as Shop & Retail Property. It has a floor area of 59 m² and a land area of 1.01 ha. The listing ID for this property is 2017918715.

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