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Ground/19 Marcus Clarke Street City ACT 2601

  • Shop & Retail
  • 342 m²
  • For Sale, $2,750,000 (excl. GST)

CBD Office & Retail Investment

  • 5.8 year WALE* by Income
  • Fixed 3.5% & 3.75% rental increases
  • Net equivalent income: $150,801 pa*+GST

Situated on the ground floor of the NewActon South mixed-use development in the heart of the popular NewActon precinct, Units 130 and 190 represent a truly unique opportunity to acquire commercial units within a prestigious ACT location. 

Unit 130 is a ground floor 290sqm* strata unit leased to the popular Mocan & Green Grout, and Benchmarc Financial Group. Unit 190 contains the Kendall Lane Theatre, a 52sqm* unit that it utilised as an in-house cinema/conference area, for the Benchmarc Financial Group, providing 35 seats. This unit is fully equipped with state-of-the-art projection and sound technology. Units 130 and 190 provide purchasers with two highly versatile commercial units (sold in one line) in one of Canberra's most coveted mixed-use precincts.

Combined 342sqm* of retail and office accommodation
Unit 130 (areas 1 & 2) leased to Mocan & Green Grout for seven years to December 2025
Unit 130 (area 3) and Unit 190 leased to Benchmarc Financial group for seven years to 2027 + option
5.8 years WALE* by income
Excellent fixed 3.5% & 3.75% annual rental increases
35 seat cinema included in the sale
Located in the award winning NewActon precinct
Net equivalent income: $150,801 pa* + GST
For further information or to arrange an inspection please contact the exclusive listing agents.

*all figures are approximate.

Mitch Frail
JLL - Canberra
Mitch Frail
JLL - Canberra
Matthew Winter
Colliers International - Canberra
Matthew Winter
Colliers International - Canberra

Property Highlights

Property ID2016959084
Floor Area342 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  16 Sep 2021
Map for Ground/19 Marcus Clarke Street City ACT 2601
Map for Ground/19 Marcus Clarke Street City ACT 2601Ground/19 Marcus Clarke Street City ACT 2601
Mitch Frail
JLL - Canberra
Mitch Frail
JLL - Canberra
Matthew Winter
Colliers International - Canberra
Matthew Winter
Colliers International - Canberra

Property Highlights

Property ID2016959084
Floor Area342 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  16 Sep 2021
JLL - Canberra
Level 7, 121 Marcus Clarke St Canberra ACT 2600
Mitch Frail
JLL - Canberra
Mitch Frail
JLL - Canberra
Matthew Winter
Colliers International - Canberra
Matthew Winter
Colliers International - Canberra
Mitch Frail

Mitch Frail

JLL - Canberra

Matthew Winter

Matthew Winter

Colliers International - Canberra

+61 *** ***
+61 61429103979

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