Cushman and Wakefield are pleased to bring to the market 1/78-80 Emu Bank, Belconnen. Positioned on scenic Lake Ginninderra this waterfront investment boasts the landmark Lighthouse Bar and Restaurant.
This outstanding investment opportunity features:
* Renewed 4 year lease to 2021 plus options to 2025
* Leased to Lighthouse Bar and Restaurant – Has traded as The Lighthouse since 2003
* Also includes adjoining ‘Local Liquor’ Bottle Shop – National liquor retailer with 300 stores across Australia.
* Tenancy has traded as a bar/restaurant for over 30 years
* Ideally positioned in walking in distance to the University of Canberra and Westfield Belconnen
* Belconnen – Located approximately 7 kilometres from the CBD of Canberra, Belconnen is the most populous district within the Australian Capital Territory with more than 96,000 people.
* Tenant to pay all outgoings (excluding strata management fees).
* Fixed 4% annual increases
* Net income: $276,056pa + GST*
For Sale via auction on Tuesday 5 December 2017 at 10:30am AEDT at the Cushman and Wakefield offices - Level 22 / 1 O’Connell Street, Sydney.
For more information
please don’t hesitate to contact exclusive agents Cushman & Wakefield Yosh Mendis 0434 413 188 firstname.lastname@example.org Ryan Cross 0402 147 124 email@example.com Tom Barnier 0499 888 024 firstname.lastname@example.org *approximately