Units 278 & 279, 311 Anketell Street, Greenway, ACT 2900

Investment | Retail | Hotel/Leisure

Sold $1,100,000

  • Property ID: 273530
  • Floor Area: 254m²
  • NBN Availability: Service Available - Fibre to the premises (FTTP)
  • Nearby Parking: Private
  • Cafes: 20+ nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 15/12/2017 254m2 N/A Contact Agent
BRAND NEW 5 YEAR LEASE - 7% RETURN!

CBRE are pleased to present units 278 and 279 within the brand new SQ1 development presented by Empire Global. The two units, measuring a total of 254sqm* plus 52sqm* of outdoor space, have recently been leased to Orange Theory Fitness on a brand new 5 + 5 + 5 year term. The first year’s gross rent is $92,000 +GST which increases annually by 3.5%.

SQ1 is a mixed used development which consists of seven modern commercial ground floor units fronting Anketell Street. Located diagonally opposite Bunning’s Warehouse and in close proximity to the Tuggeranong Medical Centre, the Tuggeranong Hyperdome and other major retailers, these units benefits from high levels of passing traffic.

Key Investment highlights include:

- 254sqm* plus 52sqm* of outdoor space
- 4 secure basement carparks
- Brand new 5 + 5 + 5 year lease to Orange Theory Fitness
- Estimated net income: $78,000p.a*
- Attractive 3.5% annual increases

For more further information or to arrange an inspection please contact the exclusive agents of CBRE.

Approx*

Greenway Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $3026 $389 12.84%
Retail --- $323 ---
This is the average advertised price, rent and yield for Greenway, ACT 2900*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of Units 278 & 279, 311 Anketell Street, Greenway, ACT 2900. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of Units 278 & 279, 311 Anketell Street, Greenway, ACT 2900. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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