Thriving Medical Centre and Pharmacy. Top 100 ASX Listed Tenant. Recently renewed 10 + 5 year lease expiring January 2030. Leased to Primary Health Care - Top ASX listed public company with 331 medical centres, pathology labs and diagnostic imaging sites Australia wide. Large modern 1,725 sqm building, extensively fitted out with treatment, x-ray and waiting rooms, dental surgery and pharmacy. Huge corner site with 60 parking spaces. Belconnen is ACT's second CBD - 95,000 population and growing. Attractive 3% p.a. rent increases. Net lease - tenant pays all outgoings including management fee. Net Income: $483,346 pa + GST (29 January 2016).
Outstanding Long Term Tenated Investment In Belconnen Laing+Simmons Commercial is proud to exclusively present this fantastic investment opportunity in the Sentinel development. The building is supported by a large live-in population of 220 apartments of two, twenty-storey towers.
This single titled investment has been split into 2 tenancies and leased to 2 high quality tenants. Velocity Conveyancing is currently leasing 47m² on a 7 year lease with multiple 5 year options. Remedy by Lonsdale Street Roasters is leasing the remaining 22m²; they also have a 7 year lease in place with multiple 5 year options.
Central Business Area This property is located in the central business area of Belconnen; the mix of tenancies in the area includes office accommodation, car dealerships, Westfield shopping centre, strip shops with independent retail owners and the Action bus depot. Having two on-site car spaces is a major plus for any prospective tenants or owner occupiers. Approximately 61m2.