Unit 4/114 Emu Bank Belconnen ACT 2617

-Unit 4, The Boardwalk, 114 Emu Bank, Belconnen ACT
121sqm | Tenanted Investment | Net Income: $46,741.66 p.a.

An exceptional opportunity to acquire a high-performing waterfront investment in one of Canberra's most vibrant hospitality and commercial precincts.

Positioned on the iconic Boardwalk at Lake Ginninderra, Unit 4 at 114 Emu Bank is a 121sqm strata-titled restaurant tenancy, securely leased to a well-established long-term hospitality operator. The location is a popular destination for dining, walking, and lakeside recreation, surrounded by high-density residential developments, the University of Canberra, and the Belconnen Town Centre.

Investment Highlights:
Tenancy Area: 121 sqm

Lease Term: Until 28 March 2029 with a 5-year option

Annual Rent Reviews: Fixed 3% increases

Tenant: Long-standing restaurant operator

Base Rent: $68,910.09 p.a.

Outgoings Recoverable from Tenant: $3,965.00 p.a.

Estimated FY26 Outgoings:

Strata Levies: $16,606.76

Council Rates: $8,666.00

Water Rates: $860.68

Net Income: $46,741.66 p.a.

Location Benefits:
Prime waterfront position with lake views

Surrounded by thriving food and beverage operators

Steps from Westfield Belconnen, government offices & educational institutions

High pedestrian traffic and year-round destination appeal

This is a rare chance to secure a low-maintenance, income-generating asset in a tightly held, high-demand location. Ideal for investors seeking long-term passive income backed by a stable tenant.

Contact us today for the Information Memorandum or to arrange a private inspection.