Sold
Unit 4/114 Emu Bank,
Belconnen 2617, Australian Capital Territory
$730,000
Property details
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Agents
For Sale - Prime Waterfront Investment in the Heart of Belconnen
Unit 4, The Boardwalk, 114 Emu Bank, Belconnen ACT
121sqm | Tenanted Investment | Net Income: $46,741.66 p.a.
An exceptional opportunity to acquire a high-performing waterfront investment in one of Canberra's most vibrant hospitality and commercial precincts.
Positioned on the iconic Boardwalk at Lake Ginninderra, Unit 4 at 114 Emu Bank is a 121sqm strata-titled restaurant tenancy, securely leased to a well-established long-term hospitality operator. The location is a popular destination for dining, walking, and lakeside recreation, surrounded by high-density residential developments, the University of Canberra, and the Belconnen Town Centre.
Investment Highlights:
Tenancy Area: 121 sqm
Lease Term: Until 28 March 2029 with a 5-year option
Annual Rent Reviews: Fixed 3% increases
Tenant: Long-standing restaurant operator
Base Rent: $68,910.09 p.a.
Outgoings Recoverable from Tenant: $3,965.00 p.a.
Estimated FY26 Outgoings:
Strata Levies: $16,606.76
Council Rates: $8,666.00
Water Rates: $860.68
Net Income: $46,741.66 p.a.
Location Benefits:
Prime waterfront position with lake views
Surrounded by thriving food and beverage operators
Steps from Westfield Belconnen, government offices & educational institutions
High pedestrian traffic and year-round destination appeal
This is a rare chance to secure a low-maintenance, income-generating asset in a tightly held, high-demand location. Ideal for investors seeking long-term passive income backed by a stable tenant.
Contact us today for the Information Memorandum or to arrange a private inspection.
121sqm | Tenanted Investment | Net Income: $46,741.66 p.a.
An exceptional opportunity to acquire a high-performing waterfront investment in one of Canberra's most vibrant hospitality and commercial precincts.
Positioned on the iconic Boardwalk at Lake Ginninderra, Unit 4 at 114 Emu Bank is a 121sqm strata-titled restaurant tenancy, securely leased to a well-established long-term hospitality operator. The location is a popular destination for dining, walking, and lakeside recreation, surrounded by high-density residential developments, the University of Canberra, and the Belconnen Town Centre.
Investment Highlights:
Tenancy Area: 121 sqm
Lease Term: Until 28 March 2029 with a 5-year option
Annual Rent Reviews: Fixed 3% increases
Tenant: Long-standing restaurant operator
Base Rent: $68,910.09 p.a.
Outgoings Recoverable from Tenant: $3,965.00 p.a.
Estimated FY26 Outgoings:
Strata Levies: $16,606.76
Council Rates: $8,666.00
Water Rates: $860.68
Net Income: $46,741.66 p.a.
Location Benefits:
Prime waterfront position with lake views
Surrounded by thriving food and beverage operators
Steps from Westfield Belconnen, government offices & educational institutions
High pedestrian traffic and year-round destination appeal
This is a rare chance to secure a low-maintenance, income-generating asset in a tightly held, high-demand location. Ideal for investors seeking long-term passive income backed by a stable tenant.
Contact us today for the Information Memorandum or to arrange a private inspection.
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Contact Steven Shang
Contact Steven Shang
Steven Shang
Unit 4/114 Emu Bank , Belconnen ACT 2617
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Steven Shang
Unit 4/114 Emu Bank , Belconnen ACT 2617