Level 1+2 39 Jardine Street, Kingston, ACT 2604

Offices

For Sale

  • Property ID: 440953
  • Floor Area: 458m²
  • Occupancy: Vacant
Incredible Investment Opportunity in the Heart of Kingston

For Sale via "Expression of Interest", closing Wednesday March 13th, is 39 Jardine Street Kingston ACT.
This is a well-positioned two-story building currently in use as a retail, office, and indoor recreation building, with a net lettable area of approximately 458m2.
The property supports four individual rooms over two levels. There is common area vehicle access along the front of Jardine Street with access onto Eyre and Giles Street and then onto Wentworth Avenue which connects through to the Kingston Foreshore, Fyshwick, Barton, and the City.
The building configuration has the following arrangement:
1. ‘Honeysuckle & Lace’ (Dress Shop- Ground floor)
2. ‘Balanced Yoga’ (Ground floor)
3. ‘Balanced Yoga’ (Studio Level 1)
4. ‘Accumentis’ (Office Group -Level 1)
Key features:
• No GST on the sale
• One single titled property of 458m2
• 3-year Whale
• Annual rent - $183,372 + GST
• Annual 3% rent review
• Annual Net Income of $123,806 p.a. (75% leased)
For more information or to arrange an inspection contact David Grimmond on 0406 376 697.
Tenanted Investment
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Kingston Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $500 ---
Industrial --- $650 ---
Offices --- $879 ---
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.

Property Detail Notes:

  • 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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