Sold
7/48 Corinna Street,
Phillip 2606, Australian Capital Territory
Price withheld
Property details
-
Agents
RWC Canberra
Level 1/32 Lonsdale Street, Braddon Australian Capital Territory 2612
Excellent Investment Opportunity with prime location
Positioned across from Westfield Woden, right next public parking, and only a short walk from both established and future residential apartments.
Gadal Chambers takes full advantage of the high traffic area of the Woden Valley making unit 7 a fantastic opportunity for an astute investor.
The unit is located on the ground floor at the front entrance of the building and is home to the 'Al Basha Barber Shop'.
It includes a near-new retail fit-out with:
• Air-conditioning
• Vinyl flooring
• Amenities in the common area on the ground floor
• One car park with storage.
Details:
• 31m2 strata titled unit
• 5 year lease with 5 year option (commenced on 1 March 2020)
• Annual rent $31,824 + GST
• Annual Net Income of $29,059 (fully leased)
• Annual 4% rent review
• GST not applicable as going concern
• No Stamp Duty
• Annual Outgoings:
- Body Corporate: $2,765 - Paid by owner
- Rates: $3,636 Water & Sewerage: $672 - Paid by tenant
Gadal Chambers takes full advantage of the high traffic area of the Woden Valley making unit 7 a fantastic opportunity for an astute investor.
The unit is located on the ground floor at the front entrance of the building and is home to the 'Al Basha Barber Shop'.
It includes a near-new retail fit-out with:
• Air-conditioning
• Vinyl flooring
• Amenities in the common area on the ground floor
• One car park with storage.
Details:
• 31m2 strata titled unit
• 5 year lease with 5 year option (commenced on 1 March 2020)
• Annual rent $31,824 + GST
• Annual Net Income of $29,059 (fully leased)
• Annual 4% rent review
• GST not applicable as going concern
• No Stamp Duty
• Annual Outgoings:
- Body Corporate: $2,765 - Paid by owner
- Rates: $3,636 Water & Sewerage: $672 - Paid by tenant
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