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INVESTMENT OPPORTUNITY - LONG LEASE!

16/17/2 King Street, DEAKIN ACT, 2600

For Sale

Property for Sale in 16/17/2 King Street, DEAKIN ACT, 2600

CBRE Canberra City

Level 12, 14 Moore Street, Canberra, ACT 2601

  • Profile placeholder
  • Tristan Cotchett
Listing ID:
11225650
Status:
Active
For:
Sale
Price:
Contact Agent
Last Updated:
22/05/2020
Icon building

Property Type

Offices
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Land Area

N/A
Icon size

Floor Area

461 SQM
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Parking

N/A

INVESTMENT OPPORTUNITY - LONG LEASE!

For sale is units 16 and 17 of 2 King Street, Deakin which presents as an exceptional investment opportunity, with a long lease in place to a Government owned lease covenant. This is a fantastic opportunity for anyone looking to add to their current portfolio or invest their super.

Investment highlights:

+ Current net passing income - $175,928 pa
+ 4.00% annual rent increases until Nov 2027
+ Strong performing strata development
+ Premier boutique Canberra location
+ Well connected location with further enhancements
+ Guaranteed rental growth
+ Long history of low vacancy in the building
+ Government owned lease covenant

This is an opportunity to invest in this innovative development which has attracted high calibre tenants such as Sydney IVF, Aspen Medical, Queensland University of Technology, National Accreditation Authority for Translators & Interpreters (NAATI), Frog Tech Pty Ltd and Rural Funds Management.
The building has an excellent central address with easy access to Woden, Canberra City and the Parliamentary Triangle.

Building features include:
* New high quality office/ medical accommodation
* Innovative design
* Designed to achieve 4.5 NABERS rating
* Abundance of natural light

Surrounding amenities include:
* Pool facility for lap swimming and hydro therapy
* Recreation ovals
* Cafe offering catering services
* Child care centre
* Medical and dental services
* Ample public parking available directly opposite the building

Please contact CBRE for further information or to register your interest before EOI closes on the 18th June 2020 at 4pm.

Approx*

For more details, please email agent

CBRE Canberra City

Level 12, 14 Moore Street, Canberra, ACT 2601

  • Profile placeholder
  • Tristan Cotchett

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