Unit 11, 236-242 Cowlishaw Street, Greenway_Propiedad en venta

236 Cowlishaw Street, Greenway, ACT, 2900, AU

Unit 11, 236-242 Cowlishaw Street, Greenway

Descripción

Unit 11, is a large Strata titled medical and specialised office unit located in the Tuggeranong Town Centre. The unit is leased to an Orthodontist and Cannon Australia who use the unit to perform sensitive tasks for the Commonwealth Government. Both tenants have specialised fiouts making it difficult to move locations.

The property is prominently situated on Cowlishaw Street, with excellent views over Lake Tuggeranong. Located within the Tuggeranong Town Centre which services over 90,000 residents, the property is within walking distance to a large federal government workforce Services Australia, the South.Point Shopping Centre, public transport and the Lake Tuggeranong foreshore.

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Aspectos destacados de la inversión

Multi tenant unit with excellent lease covenant
3.6 year WALE
Excellent Town Centre Location
Secure net leases. Tenants pay 90% of all outgoings including management
Temos Orthodontics - 3 locations across Canberra
Cannon Australia - Nationally recognised Brand with confidential Commonwealth Government contracts
fixed 3.5% and 3.25% annual rental increases
Net Income as at 1 December - $303,541pa + GST
High 8% + yield