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Unit 44, 2-60 West Row, City, ACT 2601

Unit 44, 2-60 West Row, City, ACT 2601

Retail

  • For Sale
  • $2,250,000 GSt exempt
  • For Sale

  • Floor Area
  • 242 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Oct 26, 2016
  • Energy Efficiency Rating
  • 0.5-star NABERS Energy Rating

Interested in this property? Contact an Agent today

LJH Commercial - Canberra

Level 6, 28 University Avenue

City ACT 2601

Mark Thompson

Iconic CBD Investment or Potential Owner Occupier Opportunity

2-60 West Row, part of the iconic Melbourne Building, is an historic two storey property that was virtually rebuilt and strata titled in the late 1990's. The building houses a total of 50 units, comprising ground floor retail/restaurant premises & the first floor currently operates as serviced apartments.

The subject unit is approximately 242 sqm in size and is presently tenanted by Asian Café. The unit enjoys its own toilets, own air conditioning, rear access, has basement storage and an internal,outdoor courtyard. The long standing tenant, Asian Café, have a high quality fit out, their lease expires on the 12th of September 2018 and the lease provides for 3.5% annual rental increases.

They have taken full advantage of the floor space by providing the following to their customers;
- Take away option at front of the unit
- Small bar
- Sit down seating and
- Private function room


The location of this property within the thriving City West Precinct is also a very positive factor when considering it as an investment. The proximity to the Law Courts, Australian National University and proposed Capital Metro Light Rail, coupled with the

Unit 44, 2-60 West Row, City, ACT 2601

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