Unit 9, 16 Wilbow Street Phillip, ACT 2606
01 Feb 2016
An A-Grade Investment, 10 Year Lease and 7.25% Net Yield
Located on the top floor of the Canberra Health Point Building, this light filled professional unit comprises approx. 334sqm of air-conditioned carpeted space that has been extensively fitted out by the tenant to allow them to carry their day-to-day business as a cutting edge Wellness Centre.
The Canberra Health Point Building is a modern strata titled office development completed in 2013 that accommodates a variety of multi-disciplined Medical and Health related businesses that act as the centerpiece within the master-planned precinct of Woden Green. This building is connected by road, walking & cycling tracks to the nearby Canberra Hospital and Woden Town Centre and boastsoccupants including the Canberra Eye Hospital, Southside Physiotherapy, Symmetry Dental and World Of Wellbeing, to name but a few.
This prominent Architecturally designed building is constructed to the highest levels of finish and quality and developed over three (3) levels.
The physical improvements include a large central core, with internal lifts, and amenities to each floor and an imposing Foyer area that is used to link the Ground floor area and its tenancies, to the buildings formal entrance and Café facility. The building internals boast exceptional levels of natural light and there exists a basement level car park, as well as an abundance of on-street parking.
The premises are returning a net rent of $135,000 pa on a 10 plus 5 year lease with fixed 3% annual increases. The Tenant is paying all outgoings and the dierctors of the tenant provide personal guarantees to the lease..
The purpose clause allows for community use limited to health facility.
Property ID: 501501059Last Updated: 5 Apr 2016