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1/78-80 Emu Bank Belconnen, ACT 2617

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1/78-80 Emu Bank Belconnen, ACT 2617

Shop & Retail • Showrooms & Bulky Goods • Offices
Sold Price

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Floor area

571.0m²

Tenure type

Tenanted Investment

Sold on

05 Dec 2017

LANDMARK WATERFRONT INVESTMENT – 4% ANNUAL INCREASES !

  • Net Income: $276,056pa + GST*
  • Fixed 4% annual increases
  • Landmark site on scenic Lake Ginninderra
Cushman & Wakefield are pleased to bring to the market 1/78-80 Emu Bank, Belconnen. Positioned on scenic Lake Ginninderra this waterfront investment boasts the landmark Lighthouse Bar and Restaurant.

This outstanding investment opportunity features:

* Renewed 4 year lease to 2021 plus options to 2025
* Leased to Lighthouse Bar and Restaurant – Has traded as The Lighthouse since 2003
* Also includes adjoining ‘Local Liquor’ Bottle Shop – National liquor retailer with 300 stores across Australia.
* Tenancy has traded as a bar/restaurant for over 30 years
* Ideally positioned in walking in distance to the University of Canberra and Westfield Belconnen
* Belconnen – Located approximately 7 kilometres from the CBD of Canberra, Belconnen is the most populous district within the Australian Capital Territory with more than 96,000 people.
* Tenant to pay all outgoings (excluding strata management fees).
* Fixed 4% annual increases
* Net income: $276,056pa + GST*

For Sale via auction on Tuesday 5 December 2017 at 10:30am AEDT at the Cushman & Wakefield offices - Level 22 / 1 O’Connell Street, Sydney.

For more information please don’t hesitate to contact exclusive agents Cushman & Wakefield

Yosh Mendis
0434 413 188
yosh.mendis@cushwake.com

Ryan Cross
0402 147 124
ryan.cross@cushwake.com

Tom Barnier
0499 888 024
tom.barnier@cushwake.com

*approximately

Property ID: 502623050Last Updated: 7 Feb 2018

1/78-80 Emu Bank
Belconnen, ACT 2617

Agency contacts

Cushman & Wakefield - Sydney

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Cushman & Wakefield - Sydney

Level 22, 1 O'Connell Street
SYDNEY, NSW 2000
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Ryan Cross
Cushman & Wakefield - Sydney
1/78-80 Emu Bank Belconnen, ACT 2617

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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