Located adjacent to the main trunk road connecting all major Canberra centres is this prime opportunity to purchase a long lease holding in the very tight Canberra investment market. Leased to Goodstart Early Learning on an initial 15 year lease which commenced in 2007 with 2 x 5 year options, the tenant has demonstrated commitment to the property by recently exercising their first 5 year option, signifying longevity in one of the most demanded geographic regions of Canberra. Accordingly, the lease has a remaining 10 year term with expiry 2027.
The investment is very-well located nearby health and school facilities, supermarkets, retail, food services and other core domestic amenities. The property is also positioned approximately 1 kilometre from the thriving Tuggeranong Town Centre, which accommodates a major retail and Government workforce including Department of Human Services and Department of Social Services.
This will be one of the best value investments offered for sale this year.
• Leased to established Goodstart Early Learning expiring June 2027
• Net Income: $155,430 per annum
• Prime location, adjacent to major arterial roads,
widening potential catchment area • Triple net lease with tenant paying 100% of outgoings. Please contact Knight Frank Canberra for full details.