5/24-28 Forbes Street,
Turner, ACT 2612
Shops & Retail • Medical & Consulting
Key property information
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Map of 5/24-28 Forbes Street
Solid Investment Opportunity
- Prominent Northbourne Ave Frontage
- New 4+5 year lease with 3% increases
- No GST or Stamp Duty payable
Belle Property Commercial Canberra are pleased to bring to market Unit 5 of ‘Space the Residences’ for sale.
The property boasts prominent frontage to Northbourne Avenue, which has just seen the completion of stage one of the new Light rail with a stop directly outside the unit.
The 97sqm ground floor commercial tenancy is leased to Canberra Business and Technology College as a culinary training school, and comprises a full commercial kitchen, cool room, loading facilities and common amenities to the rear of the unit.
On offer is a brand new 4+5-year lease, commencing in June 2020 with a commencing gross rental income of $57,800pa +GST and 3% fixed annual increases.
This presents a perfect opportunity to capitalise on the record low interest rates, in perhaps the safest haven for capital in Australia.
The property is for sale by Expressions of Interest.
For further information or to arrange an inspection, please contact Mark Nicholls of Belle Property Commercial Canberra.
The property boasts prominent frontage to Northbourne Avenue, which has just seen the completion of stage one of the new Light rail with a stop directly outside the unit.
The 97sqm ground floor commercial tenancy is leased to Canberra Business and Technology College as a culinary training school, and comprises a full commercial kitchen, cool room, loading facilities and common amenities to the rear of the unit.
On offer is a brand new 4+5-year lease, commencing in June 2020 with a commencing gross rental income of $57,800pa +GST and 3% fixed annual increases.
This presents a perfect opportunity to capitalise on the record low interest rates, in perhaps the safest haven for capital in Australia.
The property is for sale by Expressions of Interest.
For further information or to arrange an inspection, please contact Mark Nicholls of Belle Property Commercial Canberra.
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Turner, 2612 demographic data
The median household income for Turner is $2,330, 2% lower than Australian Capital Territory's household income of $2,373. Turner has a younger age profile compared to the rest of Australian Capital Territory (median age 31 vs 35). Property ownership data shows 59% of property owners in Turner have a mortgage.
4,470
Population
$2,330 per week
Median household income
31 years
Median age
Renters
Most residents
Families
Most households
Belle Property Commercial Canberra - KINGSTON
26/10 Trevillian QuayKINGSTON, ACT 2604
04882164...
5/24-28 Forbes Street
Turner, ACT 2612
Belle Property Commercial Canberra - KINGSTON26/10 Trevillian Quay
KINGSTON, ACT 2604
KINGSTON, ACT 2604
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