Sub $1M Brand New Retail in
Canberra on a 7 Year Lease!

The Details

Location: Canberra, ACT

Type: Off Market Commercial

Purchase Price: $700,000

Net Rent: $43,000

Net Yield: 6.1%

Cashflow: $20,000 per year (70% loan @ 5.5%)

Lease: Brand new 7 year lease with 1 x 7 year option

Total area: 100 sqm

Brand new property in a suburb with very tight supply

$150k fit out contribution paid by the developer for the tenant

High foot traffic location with several commercial developments in close proximity

Huge depreciation opportunities

Proven tenant who also has another location nearby

Secured exclusively off market through our excellent relationship with local agents