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Gadal Chambers, Unit 7, 48 Corinna Street Phillip, ACT 2606

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Gadal Chambers, Unit 7, 48 Corinna Street,
Phillip, ACT 2606

Shops & Retail • Medical & Consulting • Offices

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Map of Gadal Chambers, Unit 7, 48 Corinna Street

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Investment Opportunity- Long lease in Place- Woden

  • Key location, High exposure and Traffic
  • Fully fitted out Barber shop
  • No Stamp Duty
Situated directly opposite Westfield Woden, amongst many medical-related businesses. Gadal Chambers offers tenants and clients easy access with excellent public parking in the immediate vicinity.

Investment Sale- Unit 7, 48 Corinna Street, Phillip

- No Stamp Duty
- No GST

This is well-located property, is directly across the road from Westfield Woden., with a large car park only meters away. This light-filled strata-titled unit suite is home to 'Al Basha Barber Shop' and includes a large near-new retail fit-out with a small reception, vinyl flooring high ceiling, air-conditioning, and common area amenities on the ground floor. It offers very good window signage with one on-site lower ground car park with storage.

Features:
* One strata titled unit of 31m2
* New 5 + 5 year lease (commenced 1 March 2020)
* Annual rent- $31,824 + GST
* Annual 4% rent review
* Annual Net Income of $29,059 p.a.(fully leased)
* Annual Outgoings:
- Paid by tenant (Rates: $3,636 Water & Sewerage: $672)
- Paid by owner (Body Corporate: $2,765)

Contact: David Grimmond - 0406 376 6...

Property ID: 504065387Last Updated: 10 Aug 2022

04063766...
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Gadal Chambers, Unit 7, 48 Corinna Street
Phillip, ACT 2606
Civium Property Group
3 Lonsdale Street
BRADDON, ACT 2612
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