Top class location on Botany Street with great exposure.
32 Botany Street is a 2 level building consisting of ground floor retail and level 1 office /personal services space. The building is fully leased with current annual net rent of approximately $175,000.
This property represents an exciting opportunity for an investor to take control and purchase this tenanted investment in a much sought after location.
The property has the following primary attributes:
* Opportunity to own a property in a much sought after location in Central Phillip, a stone's throw from Westfield Woden and other retailers and restaurants.
* Opportunity to purchase a secure investment with tenants already in place.
* Level 1 Office space, 2 of the 3 units have tenants in place.
* Ground floor retail space, currently tenanted by On Ya Bike. (see tenancy schedule for further detail)
* Building area of 693m2 on a block of 725m2 and 14 rear car parks.
* Gross annual rent of approximately $220,000 plus GST
* Take advantage of future redevelopment opportunities in Phillip
The property will be sold via expressions of interest, closing at 3pm on Thursday the 14th of September 2017.