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Waramanga Shops, 9-11 Waramanga Place Waramanga, ACT 2611

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Sold

Waramanga Shops, 9-11 Waramanga Place Waramanga, ACT 2611

Shop & Retail
Sold Price

$605,000

Floor area

300.0m²

Parking info

Free Public

Tenure type

Tenanted Investment

Sold on

05 Sep 2012

Return

8.3% p.a.

GREAT INVESTMENT

With minimal overheads and no body corporate this property is simple and secure. Its a great start for someone venturing into the commercial property market.

The 10 year lease commenced in August 2010 with a base rent of $56,000 plus GST approx with CPI increases and the tenant paying water and sewerage rates.

The property is ideally located in the thriving Waramanga shopping centre surrounded by an abundance of great businesses including chemist, IGA, restaurant and local medical centre.

The business tenant has been established for 30 plus years and the business owners have big plans for the future.

Contact Aaron Green to view the property or financials.

Property ID: 500355915Last Updated: 13 Dec 2013

02 6 *** ***
Waramanga Shops, 9-11 Waramanga Place
Waramanga, ACT 2611

Agency contacts

Civium Property Group

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Civium Property Group

17-23 Townshend Street
PHILLIP, ACT 2606
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Civium Property Group
Waramanga Shops, 9-11 Waramanga Place Waramanga, ACT 2611

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

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