Incredible Investment Opportunity in the Heart of Kingston
Level 1+2 39 Jardine Street, Kingston, ACT 2604
For Sale via "Expression of Interest", closing Wednesday March 13th, is 39 Jardine Street Kingston ACT.
This is a well-positioned two-story building currently in use as a retail, office, and indoor recreation building, with a net lettable area of approximately 458m2.
The property supports four individual rooms over two levels. There is common area vehicle access along the front of Jardine Street with access onto Eyre and Giles Street and then onto Wentworth Avenue which connects through to the Kingston Foreshore, Fyshwick, Barton, and the City.
The building configuration has the following arrangement:
1. ‘Honeysuckle & Lace’ (Dress Shop- Ground floor)
2. ‘Balanced Yoga’ (Ground floor)
3. ‘Balanced Yoga’ (Studio Level 1)
4. ‘Accumentis’ (Office Group -Level 1)
Key features:
• No GST on the sale
• One single titled property of 458m2
• 3-year Whale
• Annual rent - $183,372 + GST
• Annual 3% rent review
• Annual Net Income of $123,806 p.a. (75% leased)
For more information or to arrange an inspection contact David Grimmond on 0406 376 697.
Tenanted Investment
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