JLL are pleased  to exclusively present unit 103 of 50 Eastlake Parade Kingston for  sale.

Located in the "Quayside" mixed use development, unit103 is a high quality secure offering. 100% leased to Terracon Legal a local Canberra legal firm. This ground floor unit offers buyers a secure investment in this time of uncertainty.

Ideally positioned in Canberra's Inner South unit 103 is located on the main street of Canberra's premier waterfront precinct the Kingston Foreshore. It is within a short walk of the waterfront promenade as well as a number of high quality restaurants, cafes and bars. It is also ideally positioned just a short drive from Manuka and the Parliamentary Triangle.

the 120* sqm unit has excellent visibility with a large 8*m frontage to Eastlake Parade and is fitted out with high quality finishes. The unit includes 3 car spaces on title and has access to common rooftop entertaining facilities.

To provide security for investors during this time the vendor is willing to provide a 12 month rental guarantee securing income and reducing risk.

Investment Highlights:

New 5 year net lease plus option to Terracon Legal
Vendor will provide 12 month guarantee over income given risks around Covid-19
120* sqm unit with excellent frontage to Eastlake Parade
Located in Canberra’s premier waterfront lifestyle precincts the Kingston foreshore, close to restaurants, cafés and just a short distance to the Parliamentary Triangle
Attractive fixed 3.5% annual rental increases
Tenant responsible for all outgoings as per lease
Stamp Duty Exempt
3 car spaces leased for $3,000 per space pa + GST
Net Income $69,000* pa + GST

For Sale by Private Treaty

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