Green Square Centre, 62 Jardine, Kingston, ACT 2604
- Sold $5,500,000
- Mon 10-Apr-17
- Floor Area
- 1,600 m²
- Tenure Type
- Tenanted Investment
- Last Updated
- Apr 11, 2017
Interested in this property? Contact an Agent today
Opportunity to invest in the iconic Green Square precinct of Kingston
Exclusive marketing agents Burgess Rawson are proud to present the Green Square Centre, Kingston ACT for sale, which presents an amazing opportunity to be part of the renewal of one of Canberra's iconic suburban centres.
Located in the heart of Kingston's bustling Green Square, which features numerous cafes, shops, specialty retailers and bars with a total building GFA of 1600sqm approx.
The building fronts Green Square, and backs onto Highgate Lane which provides excellent access for delivery, services and secondary access for tenancies.
Green Square Centre is an exceptional opportunity to refit, develop and or owner occupy the premises and create the environment of your choice or for a savvy tenant, whilst potentially increasing the income by approximately $600,000 pa + GST for an exceptional long term investment opportunity.
New developments in the area include allocation for a new mixed use development including a supermarket and underground car park and allowing buildings facing Highgate Lane to reach 5 stories under the new Kingston Masterplan.
Green Square Centre is currently 80% vacant and provides holding income for any