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7/48 Corinna Street Phillip, ACT 2606


7/48 Corinna Street,
Phillip, ACT 2606

Shop & Retail • Medical & Consulting • Offices

Price information



Under Contract

Key property information

Land area

Floor area

Car spaces


Tenure type

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Map of 7/48 Corinna Street

  • Bus stops within 5 km of 7/48 Corinna Street, Phillip, ACT 2606Distance
    Corinna St Westfield Woden127 m
    Hindmarsh Dr After Ball St372 m
    Woden Bus Stn PLT 18385 m
    Woden Bus Stn PLT 15393 m
    Woden Bus Stn PLT 6411 m

Excellent Investment Opportunity with prime location

Positioned across from Westfield Woden, right next public parking, and only a short walk from both established and future residential apartments.
Gadal Chambers takes full advantage of the high traffic area of the Woden Valley making unit 7 a fantastic opportunity for an astute investor.

The unit is located on the ground floor at the front entrance of the building and is home to the 'Al Basha Barber Shop'.
It includes a near-new retail fit-out with:
• Air-conditioning
• Vinyl flooring
• Amenities in the common area on the ground floor
• One car park with storage.

• 31m2 strata titled unit
• 5 year lease with 5 year option (commenced on 1 March 2020)
• Annual rent $31,824 + GST
• Annual Net Income of $29,059 (fully leased)
• Annual 4% rent review
• GST not applicable as going concern
• No Stamp Duty
• Annual Outgoings:
- Body Corporate: $2,765 - Paid by owner
- Rates: $3,636 Water & Sewerage: $672 - Paid by tenant

Additional information

Property ID: 504068011Last Updated: 15 Jun 2022

04069953... logo
7/48 Corinna Street
Phillip, ACT 2606
Ray White Commercial - Canberra
Level 6, 28 University Avenue
CITY, ACT 2601
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