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Units 278 & 279/311 Anketell Street
Greenway ACT 2900
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Sold on 15 Dec 2017

Units 278 & 279/311 Anketell Street Greenway ACT 2900

  • Shop & Retail
  • Sold

BRAND NEW 5 YEAR LEASE - 7% RETURN!

  • New lease to Orange Theory Fitness
  • Brand new modern development
  • Attractive annual increases

CBRE are pleased to present units 278 & 279 within the brand new SQ1 development presented by Empire Global. The two units, measuring a total of 254sqm* plus 52sqm* of outdoor space, have recently been leased to Orange Theory Fitness on a brand new 5 + 5 + 5 year term. The first year’s gross rent is $92,000 +GST which increases annually by 3.5%.

SQ1 is a mixed used development which consists of seven modern commercial ground floor units fronting Anketell Street. Located diagonally opposite Bunning’s Warehouse and in close proximity to the Tuggeranong Medical Centre, the Tuggeranong Hyperdome and other major retailers, these units benefits from high levels of passing traffic.

Key Investment highlights include:

- 254sqm* plus 52sqm* of outdoor space
- 4 secure basement carparks
- Brand new 5 + 5 + 5 year lease to Orange Theory Fitness
- Estimated net income: $78,000p.a*
- Attractive 3.5% annual increases

For more further information or to arrange an inspection please contact the exclusive agents of CBRE.

Approx*

Property Highlights

Date Sold15 Dec 2017
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2013911576
Category
Last updated  18 Jan 2018
Map for Units 278 & 279/311 Anketell Street Greenway ACT 2900

Property Highlights

Date Sold15 Dec 2017
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2013911576
Category
Last updated  18 Jan 2018

Listed by

CBRE Canberra
Call
02 6232 2733

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