Overview

This property presents a prime opportunity for first-time investors looking to enter the commercial property market, offering exceptional value for money. It is a single titled property, not part of a body corporate, located within the Macquarie Local Centre, which primarily consists of health-related businesses.

The property sits on a land area of approximately 149 square meters, with around 100 square meters of space under roof. It features rear access via a contained yard, allowing for convenient entry from both the front and rear of the property. Currently, the property is leased to Direct Chemist Outlet on a five-year lease that is set to expire in April 2030, with options available until 2040.

Key features of this investment include:

• A prime opportunity for first-time investors.
• Net income of $24,808 per annum plus GST.
• Land area of 149 square meters.
• Building area of 100 square meters.
• Tenancy secured until 2030 with options extending to 2040.
• Located approximately 2 kilometers from the Belconnen Town Centre and Lake Ginninderra Foreshore.

This property is an excellent choice for those looking to invest in a stable and growing area, with a reliable tenant in place and the potential for future growth.

Location