PROPERTY FOR SALE (Business not included)
For sale of $2m.
25 Garema Place is a superbly located 2 level retail building in the heart of the entertainment district of Canberra's CBD. The building represents a rare opportunity to secure a 100% leased asset on a 10 year lease to a well run Hospitality operator.
Surrounded by many cafe's, restaurants and retailers. The building has approximately 240m2 of net lettable area and is a generational asset for it's next owner. Some of the primary features of the building are:
– Unbeatable located in the heart of Canberra CBD
– 100% leased until 31/12/2031
– Annual net rent of approximately $108,621 per annum.
- Land area of 139m2
The centre of the Canberra CBD is undergoing significant enhancement, with a new 5 star hotel being built directly across from the building.
The building is for sale for $2m.
Please contact Andrew Smith on 0409 600 471 for more information.
Please note: This is for the sale of the property only, it does not include the business. The business is operational and continuing.
Tenanted Investment
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