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CBRE - Canberra

16/17, 2 King Street Deakin, ACT 2600

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16/17, 2 King Street,
Deakin, ACT 2600

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Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$189,097
Number of Tenants
3 Tenants
Tenants / Type
RACS

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CBRE - Canberra
16/17, 2 King Street
Deakin, ACT 2600
CBRE - Canberra
Tristan Cotchett
Nic Purdue

CBRE - Canberra

Level 4, 2 Constitution Avenue
CITY, ACT 2601

Map of 16/17, 2 King Street

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INVESTMENT OPPORTUNITY - LONG LEASE!

  • GOVERNMENT OWNED LEASE COVENANT
  • LONG LEASE IN PLACE
  • 4% FIXED ANNUAL INCREASES
For sale is units 16 and 17 of 2 King Street, Deakin which presents as an exceptional investment opportunity, with a long lease in place to a Government owned lease covenant. This is a fantastic opportunity for anyone looking to add to their current portfolio or invest their super.

Investment highlights:

+ Current net passing income - $175,928 pa
+ 4.00% annual rent increases until Nov 2027
+ Strong performing strata development
+ Premier boutique Canberra location
+ Well connected location with further enhancements
+ Guaranteed rental growth
+ Long history of low vacancy in the building
+ Government owned lease covenant

This is an opportunity to invest in this innovative development which has attracted high calibre tenants such as Sydney IVF, Aspen Medical, Queensland University of Technology, National Accreditation Authority for Translators & Interpreters (NAATI), Frog Tech Pty Ltd and Rural Funds Management.
The building has an excellent central address with easy access to Woden, Canberra City and the Parliamentary Triangle.

Building features include:
* New high quality office/ medical accommodation
* Innovative design
* Designed to achieve 4.5 NABERS rating
* Abundance of natural light

Surrounding amenities include:
* Pool facility for lap swimming and hydro therapy
* Recreation ovals
* Cafe offering catering services
* Child care centre
* Medical and dental services
* Ample public parking available directly opposite the building

Please contact CBRE for further information or to register your interest before EOI closes on the 18th June 2020 at 4pm.

Approx*

Property ID: 502305118Last Updated: 29 May 2020

Agency contacts

CBRE - Canberra
CBRE - Canberra
Level 4, 2 Constitution Avenue
CITY, ACT 2601
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Tristan Cotchett

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Tristan Cotchett
CBRE - Canberra
16/17, 2 King Street Deakin, ACT 2600

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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