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153/41 Eastlake Parade, Kingston, ACT 2604

153/41 Eastlake Parade, Kingston, ACT 2604

Offices Other

  • Sold $1,900,000
  • Fri 07-Jul-17

  • Floor Area
  • 202 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Jul 31, 2017
  • Energy Efficiency Rating
  • 0.0-star NABERS Energy Rating
  • Car Spaces
  • 2

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Burgess Rawson Canberra - KINGSTON

152/41 Eastlake Parade

Kingston ACT 2604

Rare Waterfront Office Investment with New 10 Year Lease

New 10 year lease expiring November 2026 plus 5 year option to 2031
Leased to Chase Group: one of Canberra's leading construction and development companies specialising in a variety of build types, with over $250 million worth in current projects
Prestigious 202 sqm open plan office plus two car spaces on title
Impressive internal fit out costing over $240,000 with custom made joinery, two boardrooms, private office, kitchen, staff bathrooms and printing/storage room
Part of the award winning "Element" building, developed by Chase Group, comprising restaurants, cafes, retail, office and residential
Building only 1 year old with depreciation benefits available
Waterfront location overlooking the Kingston Foreshore
Easily managed single tenant investment
Tenant pays all increases in outgoings, as per lease
Attractive 4% annual rent increases
Net income: $100,858 pa + GST

153/41 Eastlake Parade, Kingston, ACT 2604

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