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

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


  • Sold Contact Agent
  • Mon 10-Jul-17

  • Floor Area
  • 505 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Aug 02, 2017
  • Return
  • 700.0% P.A.

Interested in this property? Contact an Agent today

Burgess Rawson Canberra - KINGSTON

152/41 Eastlake Parade

Kingston ACT 2604

Mitchell Frail

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

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

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