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G14/35 Furzer Street Phillip ACT 2606

  • Medical / Consulting
  • 50 m²
  • Commercial Auction

Exceptional 10 year Town Centre Lease To Market Dominant Solicitor

  • Absolute Town Centre Location
  • In business for 53 years
  • Stamp Duty Free with 4% increases

Burgess Rawson are delighted to exclusively offer for Sale by Auction this National Investment Leased to the market dominating solicitor Velocity Conveyancing.

35 Furzer Street is part of the Alexander and Albemarle Precinct in the Town Centre of the Woden Valley District and is near Westfield Shopping Centre in the very centre of the whole Canberra Region

The Albemarle and Alexander buildings experienced a large development. Re-purposing the existing structure by the National Award-winning Doma Group who were able to take advantages of the environmental benefits when transforming the building. Constructed by BLOC the multi national award winning builder.

Strong long-term lease to a long established national tenant. with 11 offices in ACT, Sydney, Regional NSW and Victoria.

This exceptional new asset provides a long-term investment for any keen investor.

Highlights Include:

- Long established national tenant
- 10-year net lease plus options to 2041
- 4% Fixed annual rent increases ensuring growth
- Stamp duty free
- Long established business since 1968
- Total Area: 50 sqm
- Canberra/Woden Town Centre location
- Brand new asset with depreciation available
- 12,500 people in the public sector within 100m radius
- 100m direct entry to Westfield Woden
- Zoning: CZ2 - Business Zone

Lessee: Velocity Conveyancing
Lease Term: 10 Years
Lease Commencement: 1st January 2021
Lease Expiry: 31st December 2031
Options: 2 x 5 Years

Net Income: $40,000 pa + GST

Auction date and time09/11/2021 11:00
Auction locationYallamundi Rooms, Opera House Sydney
Guy Randell
Burgess Rawson Canberra
Guy Randell
Burgess Rawson Canberra
James Baker
Burgess Rawson Canberra
James Baker
Burgess Rawson Canberra

Property Highlights

Property ID2017304632
Floor Area50 m²
Land Area1.01 ha
Parking1 x Onsite parking
Building TypePartial building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  15 Oct 2021
Map for G14/35 Furzer Street Phillip ACT 2606
Map for G14/35 Furzer Street Phillip ACT 2606G14/35 Furzer Street Phillip ACT 2606
Guy Randell
Burgess Rawson Canberra
Guy Randell
Burgess Rawson Canberra
James Baker
Burgess Rawson Canberra
James Baker
Burgess Rawson Canberra

Property Highlights

Property ID2017304632
Floor Area50 m²
Land Area1.01 ha
Parking1 x Onsite parking
Building TypePartial building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  15 Oct 2021
Burgess Rawson Canberra
G03/19 Challis St Dickson ACT 2602
Guy Randell
Burgess Rawson Canberra
Guy Randell
Burgess Rawson Canberra
James Baker
Burgess Rawson Canberra
James Baker
Burgess Rawson Canberra
Guy Randell

Guy Randell

Burgess Rawson Canberra

James Baker

James Baker

Burgess Rawson Canberra

0430 *** ***
0430272999

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