Ground Floor Commercial in Densely Populated Premises

The Details

Location: Canberra, ACT  

Type: Off Market Commercial 

Purchase Price: $700,000

Net Yield: 6%

Cashflow: $12,470 (70% loan at 6.5%)

Lease: 4 years lease expiring 2027 with 1 x 5 yr option

Total Area: 102m2 NLA 

WHY WE LOVE THIS PROPERTY:

Near new building with huge depreciation

Positioned in a new village close to the city that will be home to 700+ apartments

Tenant is within the hugely popular Martial Arts space and already has dozens of 5 star reviews

Brand New Lease with long options until potentially 2032!