Whole Property with 4 strata units - No stamp duty, 6.5% Return
Single holding investment No stamp Duty
4 strata units
Good mixture of leases
Two (2) ground floor units long term mechanic and showroom/office available for lease or can owner-occupy. The first floor has two modern office units with a long term tenant. Located on the roof are solar panels with additional income of $20,000 pa. The existing tenants are trading well and appear to be coping with the COVID-19 crises, which demonstrates the strength of the tenancy mix. Net Income is $164,519 allowing for $50,000 for the vacant premises .A rear yard facing Prospect Court. Wide Zoning. 4 strata units bought in one-line. No stamp duty on the whole property.
Central location with Phillip services trades being in the heart of Canberra with easy access to all Town centres.
Map for Whole property/14 Dundas Court Phillip ACT 2606
Map for Whole property/14 Dundas Court Phillip ACT 2606
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Purchase price
$
2,250,000
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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