Brand New Retail in Prime Canberra Location

The Details

Location: Kingston, ACT

Type: Retail

Purchase Price: $1,104,000

Net Rent: $137,000

Net Yield: 5.97%

Cashflow: $13,691 (70% loan at 6.5%)

Total Return Including Capital Gains:  (cashflow + 6% growth) $79,931

Lease: 5x5 lease

Total area: 107 sqm

What we like about this property: 

Built in 2020

Part of one of Canberra's most exciting retail precincts

Affluent main trade area, close to Parliament House, Defence Precinct and Airport.