G14, 35 Furzer Street,
Phillip, ACT 2606
Key property information
Map of G14, 35 Furzer Street
Bus stops within 5 km of G14, 35 Furzer Street, Phillip, ACT 2606 Distance Woden Bus Station PLT 18 201 m Launceston St Phillip Oval 262 m Woden Bus Stn PLT 15 296 m Woden Bus Stn PLT 11 304 m Corinna St Westfield Woden 311 mPOWERED BY HERE ©
Exceptional 10 year Town Centre Lease To Market Dominant Solicitor
- Absolute Town Centre Location
- In business for 53 years
- Stamp Duty Free with 4% increases
Burgess Rawson are delighted to exclusively offer for Sale by Auction this National Investment Leased to the market dominating solicitor Velocity Conveyancing.
35 Furzer Street is part of the Alexander and Albemarle Precinct in the Town Centre of the Woden Valley District and is near Westfield Shopping Centre in the very centre of the whole Canberra Region
The Albemarle and Alexander buildings experienced a large development. Re-purposing the existing structure by the National Award-winning Doma Group who were able to take advantages of the environmental benefits when transforming the building. Constructed by BLOC the multi national award winning builder.
Strong long-term lease to a long established national tenant. with 11 offices in ACT, Sydney, Regional NSW and Victoria.
This exceptional new asset provides a long-term investment for any keen investor.
- Long established national tenant
- 10-year net lease plus options to 2041
- 4% Fixed annual rent increases ensuring growth
- Stamp duty free
- Long established business since 1968
- Total Area: 50 sqm
- Canberra/Woden Town Centre location
- Brand new asset with depreciation available
- 12,500 people in the public sector within 100m radius
- 100m direct entry to Westfield Woden
- Zoning: CZ2 - Business Zone
Lessee: Velocity Conveyancing
Lease Term: 10 Years
Lease Commencement: 1st January 2021
Lease Expiry: 31st December 2031
Options: 2 x 5 Years
Net Income: $40,000 pa + GST
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Property ID: 503924318Last Updated: 21 Oct 2021
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