27 Eastlake Parade, Kingston, ACT 2604

Retail | Offices

For Sale $1,200,000

  • Property ID: 297649
  • Floor Area: 109m²
  • Land Area: 5300m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the node (FTTN)
  • Nearby Parking: Private
  • Cafes: 20+ nearby
Kingston waterfront retail investment for sale, 100% leased

For sale via Private Treaty, this retail unit provides purchasers with a ready-made and affordable investment, positioned in a highly sought-after waterfront location.
• The Dockside development, completed by renowned Doma Group in 2013, is a prominent mixed-use building positioned in the heart of the Foreshore and with frontage to Kingston Harbour, Trevillian Quay and Eastlake Parade.
• The Kingston Foreshore is Canberra’s premier waterfront precinct, set in the affluent inner south and comprising a vibrant mix of commercial, retail and residential accommodation.
• Unit 134 Dockside provides purchasers with a fully-leased retail unit with an affordable price point and an unrivalled waterfront location.
• Located on the ground floor of the development this unit is 100% leased to Bad Betti’s Bar & Restaurant until December 2020 plus a further 5 year option.
• The investment provides purchasers with a net passing income of $106,000 p.a., fixed annual rent reviews of 4% p.a. and with the tenant responsible for all property outgoings.
• Unit 134 is 109sqm in size and features an allocated outdoor area fronting Kingston Harbour of approximately 110sqm as per the Units Plan.
• Includes three dedicated basement car spaces, a wide purpose clause and side access towards the common male and female amenities.
Add a waterfront property to your portfolio, contact Colliers International for an inspection today.

Kingston Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $8361 $511 6.12%
Industrial --- $390 ---
Retail $11009 $486 4.42%
This is the average advertised price, rent and yield for Kingston, ACT 2604*
* 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.
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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 27 Eastlake Parade, Kingston, ACT 2604. 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 27 Eastlake Parade, Kingston, ACT 2604. 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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