Brand New Commercial Building in Prime Location 

The Details

Location: Canberra, ACT

Type: Retail

Purchase Price: $750,000

Net Rent: $45,000

Net Yield: 5.88%

Cashflow: $9,239 (70% loan at 6.5%)

Total Return Including Capital Gains:  (cashflow + 6% growth) $46,739

Lease: 3 + 3 years

Total area: 61 sqm + 10 sqm courtyard

WHY WE LOVE THIS PROPERTY:

Prominent corner location commercial space 

Modern design with suspended ceilings and stylish & polished concrete floors

Brand new building (completed 2024)

Builder warranty provided for 7 years