Located on the first floor of Manuka Arcade, unit 15 is a well-positioned office suite that is approx. 55 sqm in size. The purpose clause, under the units plan, allows a wide range of uses. The premises are currently used as an educational training facility, but they would be ideal for a small professional office and or service provided.
Presently tenanted, unit 15 currently shows a gross return of approximately $1,983 per month plus GST.
This unit has a number of positive aspects, including:
* Prestigious area within Canberra's inner south.
* Rare, small, strata titled unit with little competition in the sub 100 sqm stock pool within Griffith and/or Kingston precincts.
* Good natural light
* A scarce opportunity to purchase a potential investment within this price point
Estimated Outgoings
Body Corp - $2,572.56 per annum
Rates - $3,833.82 per annum
Manuka Arcade is one of the most prominent and well known buildings in Manuka. Featuring several Canberra institutions on the ground floor, inside the Arcade itself is a vibrant mix of quality high end retailers & professional office users on the first floor. This is one on the most recognisable locations in Canberra.
The building itself is just about to undergo a significant refurbishment which will be funded out of existing funds, ensuring the purchaser is investing in an asset that is well position for the medium to long term.
