Unit 8, 9 Sydney Avenue, Barton
Unit 8/9 Sydney Avenue, Barton, ACT, 2600, AU
715 sm
Description
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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Investment highlights
- 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
Attributes
Building area net
1,033 sm
Land area gross
1,995 sm
Contact brokers
Unit 11, 236-242 Cowlishaw Street, Greenway (0 Properties)
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Last updated
Nov 27, 2025
