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27 Eastlake Parade Kingston, ACT 2604

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For Sale

27 Eastlake Parade Kingston, ACT 2604

Shop & Retail • Offices
Sale Price

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Land area

0.53ha (1.31 acres)

Floor area

109.0m²

Parking info

Basement car spaces

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$102,427
Number of Tenants
1 Tenant
Tenants / Type
Betti Bravo's

Kingston waterfront retail investment for sale, 100% leased

  • Affordable Kingston Foreshore investment
  • Dec 2020 lease expiry + 5yr option
  • Tenant pays all property outgoings

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 $102,427 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.

Property ID: 502825550Last Updated: 13 Jan 2019

0432 *** ***
27 Eastlake Parade
Kingston, ACT 2604

Agency contacts

Colliers International - Canberra

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Colliers International - Canberra

Ground Floor, 21-23 Marcus Clarke Street
CITY, ACT 2601
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Matthew Winter
Colliers International - Canberra
27 Eastlake Parade Kingston, ACT 2604

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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