Sold
106 Alinga Street,
City 2601, Australian Capital Territory
$1,240,000
Property details
-
Agents
Rare Investment Opportunity in Sydney Building
106 Alinga St offers a rare opportunity for a purchaser or investor to purchase a separately titled commercial property, well located within the iconic Canberra CBD's Sydney Building. This property provides two distinct tenancies offering an investor a diversification in income opportunity.
The property comprises a total NLA of 269sqm, featuring a 115sqm ground floor tenancy and 154sqm first floor tenancy.
The first floor tenancy of 154 sqm is currently tenanted by Church Of Scientology on a monthly ongoing basis at $2,772.73 per month. The ground floor tenancy of is 115sqm is in vacant position and currently has a restaurant fitout.
The first floor tenancy can be split into 2 separate units according to the original plan. Offering an investor a diversification of income sources longer-term flexibility. It also offers an opportunity for an owner occupier to expand their business into this iconic location, with the benefit of no lock in lease and vacant position on the ground floor.
There is separate air conditioning and amenities to each level, rear access via the rear service courtyard for the ground floor tenancy.
Estimated Outgoings FY22
General Rates $27,908.23
City Centre Levy $2,297.85
Water & Sewerage Rates $3,160.42
The building is ideally located in central Canberra CBD which is particularly well integrated into the Canberra-wide public transport system including light rail terminal and bus terminals.
For Sale by Public Auction - 11am Wednesday 7 December 2022 on ground floor of 106 Alinga St CITY.
The property comprises a total NLA of 269sqm, featuring a 115sqm ground floor tenancy and 154sqm first floor tenancy.
The first floor tenancy of 154 sqm is currently tenanted by Church Of Scientology on a monthly ongoing basis at $2,772.73 per month. The ground floor tenancy of is 115sqm is in vacant position and currently has a restaurant fitout.
The first floor tenancy can be split into 2 separate units according to the original plan. Offering an investor a diversification of income sources longer-term flexibility. It also offers an opportunity for an owner occupier to expand their business into this iconic location, with the benefit of no lock in lease and vacant position on the ground floor.
There is separate air conditioning and amenities to each level, rear access via the rear service courtyard for the ground floor tenancy.
Estimated Outgoings FY22
General Rates $27,908.23
City Centre Levy $2,297.85
Water & Sewerage Rates $3,160.42
The building is ideally located in central Canberra CBD which is particularly well integrated into the Canberra-wide public transport system including light rail terminal and bus terminals.
For Sale by Public Auction - 11am Wednesday 7 December 2022 on ground floor of 106 Alinga St CITY.
Explore the area
Find out how much home loan repayments will be
It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.
Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.
Photos
Contact Steven Shang
Contact Steven Shang
Steven Shang
106 Alinga Street, City ACT 2601
Request a callback
Steven Shang
106 Alinga Street, City ACT 2601