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Civium Property Group - Commercial Sales & Leasing - PHILLIP

Suite, 20 Challis Street Dickson, ACT 2602

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Suite, 20 Challis Street,
Dickson, ACT 2602

Offices • Shop & Retail

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Sale - Auction Thu 4 Mar

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Auction

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0409 *** ***
Civium Property Group - Commercial Sales & Leasing - PHILLIP
Suite, 20 Challis Street
Dickson, ACT 2602

Map of Suite, 20 Challis Street

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  • Bus stops within 5 km of Suite, 20 Challis Street, Dickson, ACT 2602Distance
    Northbourne Av Motor Registry158 m
    Dickson Interchange161 m
    Antill St After Badham St170 m
    Northbourne Av Opp Motor Registry243 m
    Dickson Interchange PLT 2271 m
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5 Year Lease to TABCORP

* Leased to TABCORP until 30/4/2024
* 4% annual rent increases
* Annual net rent of $169,589 per annum

Leased to diversified gaming and entertainment group TABCORP, Unit 3 of 20 Challis St Dickson, represents an outstanding opportunity to purchase within the bustling suburb of Dickson, with A Grade lease covenant. Having been in Dickson for decades, the TAB has been in the unit since 2007 and renewed their current lease in April 2019. The 4% annual rent reviews provide the buyer above market rent increases for the term of lease.

The unit itself is 321m2 in size, includes 7 associated car parks and is kept in immaculate condition by TABCORP.

Located on Challis St Dickson, the building sits a stone's throw from the new ACT Government office building, the DKSN residential development and is one street back from Northbourne Avenue and the light rail into the Canberra CBD.

This property provides a rare opportunity to purchase a fantastically presented unit, with an A Grade tenant. It would be ideal for a SMSF or private investor.

To be sold via Auction:
Thursday day the 4th of March 2021, at 11am. (Registrations from 10:30am)
Auction to take place at Civium Property Group offices.
17 - 23 Townshend St Phillip

Property ID: 503753070Last Updated: 26 Feb 2021

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Andrew Smith

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Andrew Smith
Civium Property Group - Commercial Sales & Leasing - PHILLIP
Suite, 20 Challis Street Dickson, ACT 2602

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

Kind Regards,

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  • Andrew Smith

    Andrew Smith

    Civium Property Group - Commercial Sales & Leasing - PHILLIP
    0409 *** ***