Positioned in one of Canberra's most vibrant and evolving precincts, this 117 sqm ground floor retail shop offers an outstanding investment opportunity. Located on the high-traffic Cape Street, directly adjacent to Woolley Street and just moments from the Light Rail stop and Dickson Bus Interchange, the property enjoys excellent connectivity and exposure.
This is a rare opportunity to secure a solid commercial asset in one of Canberra's busiest retail and dining precincts. With a reliable tenant, strong foot traffic, and future growth potential driven by surrounding residential and commercial developments, this property is ideal for investors seeking long-term returns.
Key Features:
117 sqm of ground floor retail space*
Double shop frontage with excellent street presence
North-facing onto busy Cape Street
One allocated basement car space
15 minutes free street parking and pay parking directly in front of the shop
Tenanted by Alara's Turkish Pide Grill House operating for over 10 years
Stable rental income with a long-standing business in place
No stamp duty payable on commercial property under $1.9m in the ACT
Surrounded by major residential and mixed-use developments including DKSN, Malabar Dickson, Heather, and the potential Tradies Club redevelopment
Located in a well-developed, high-demand area of Dickson with consistent pedestrian and vehicle traffic
More information below:
*Currently, the lease to Alara's Turkish Pide Grill House will be ending on 31st of May 2026. Rent return: $78,000/annum ( Excluding GST) with CPI increase review annually. Tenant is going to renew the lease with a rent increase.
*Rates: approx. $2300 per quarter
*Strata: approx. $2420 per quarter
*Water: approx. $200 per quarter
*Business insurance: $516 per annual
Contact Sisi Chen on 0416501205 to arrange a private meeting or to receive further information.
