Secure Lifestyle Investment in CBD

Unit 2/161 London Circuit, City ACT

  • 7 + 5 Year Lease
  • Net Income: $85,029 pa + GST
  • Iconic Location in Canberra's CBD
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For Sale

Knight Frank Canberra are pleased to bring to market, by way of auction, 2/161 London Circuit, City.

The subject space is located on the ground floor of the iconic Bright Consulting building which houses other professional service tenants, including: lawyers, accountants and medical operators. Currently leased to Crossfit Threeflow, this gym provider is committed to their members and works to provide the best quality training in a supportive and encouraging community.

The property offers the following highlights for investors:

7 + 5 year Lease to 14 July 2029 (if Option exercised, expiry 2034)Fixed 3.5% annual rent increases315sqm ground floor unit Part of one of Canberra's CBD Active main trade area, close to Canberra office precinct, the Parliamentary Triangle and the Canberra CentreNet income: $85,028.54pa plus GST
For more information, or to arrange an inspection, please do not hesitate to contact Nathan Dunn of Knight Frank Canberra.

For Sale by Knight Frank National Auction
1pm AEDT, Tuesday 27 February 2024
AuctionWORKS, 50 Margaret Street, Sydney
Bid in-person (in Sydney or at any Knight Frank office) or online by registration


Location Map

Agents

Nathan Dunn
Nathan Dunn Partner, Joint Managing Director ACT & Head of Agency

Property Information

  • Floor area approx 315sqm
  • Tenancy Tenanted
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