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18-19/2 King Street Deakin, ACT 2600

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18-19/2 King Street Deakin, ACT 2600

Medical & Consulting
Sold Price

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Floor area

505.0m²

Tenure type

Tenanted Investment

Sold on

10 Jul 2017

Return

700.0% p.a.

Premium Healthcare Investment - Renewed 5 Year Lease

Renewed 5 year lease expiring August 2021 plus further 5 year option to 2026
Leased to Genea: World leading fertility and IVF specialists with technology in 60 countries and 600 clinics worldwide
Leased to Genea since 2009 and extensively fitted out the premises as medical and consulting rooms costing in excess of $1.9 million, with the most recent upgrade completed in January 2016
505 sqm premises within recently renovated building
Highly regarded building comprising of many professional, medical and other business uses
Ample on site parking for staff and convenient patient parking area
Deakin: one of Canberra's most prestigious inner south residential and business locations with a high level of education & medical services
Fixed 3.5% annual rent increases
Tenant pays all increases in outgoings, as per lease
Net income: $193,692 pa + GST

Property ID: 502177602Last Updated: 31 Jan 2018

0430 *** ***
18-19/2 King Street
Deakin, ACT 2600

Agency contacts

Burgess Rawson Canberra - KINGSTON

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Burgess Rawson Canberra - KINGSTON

152/41 Eastlake Parade
KINGSTON, ACT 2604
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Guy Randell
Burgess Rawson Canberra - KINGSTON
18-19/2 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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