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65 Dundas Court Phillip, ACT 2606

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65 Dundas Court Phillip, ACT 2606

Showrooms & Bulky Goods • Shop & Retail
Sold Price

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Land area

702.0m²

Floor area

750.0m²

Car spaces

10

Parking info

3 covered car parks & 7 uncovered car parks

Property extent

Whole

Tenure type

Tenanted Investment

Sold on

05 Nov 2014

COMMITTED VENDOR READY TO SELL!

This property is located within the heart of the Phillip "service trades area" and adjacent to the Woden Town Centre, and enjoys a relatively central location within the Greater Metropolitan area of Canberra.
As such, it is approximately a 15 minute drive from Canberra International Airport, a 10 minute drive from the Canberra CBD or Tuggeranong Town Centre and is located only 5 minutes away from the Parliamentary Triangle.
The Phillip service trades area, is home to a wide variety of businesses including those within the areas of pure retailing, bulky goods retailing, restaurants, office, medical, automotive sales and repairs, etc. As such, it provides for an eclectic mix of uses that adds to the vibrancy of the precinct and has led to the area being earmarked for higher density development under The Territory Plan.



65 Dundas Court, Phillip is a building constructed over two (2) levels with an approximate combined Net Lettable Area of 752 sqm, and a site area of approximately 702 sqm (the maximum GFA allowable is 790 sqm). The subject building enjoys dual street frontage, with a shop-style frontage to Dundas Court and rear access to and from Belona Court, where there is located on-site, sufficient car parking and loading facilities for those businesses occupying the building.

65 Dundas Court is a brick building with metal roof and features two adjoining ground floor showrooms, each comprising approximately 188 sqm and first floor office space comprising an area of approximately 376 sqm (which could be subdivided into two (2) separate units at a later date if desired). All units have their own toilet facilities and the first floor office space is air conditioned and has an existing fit out.



Financial Summary:

Current Gross Income $ 72,200 per annum plus GST

Add estimated rent for vacancy $ 67,680 per annum plus GST

Fully leased estimated gross rent $139,880 per annum plus GST



Less Outgoings

General Rates $13,198

Water Rates est $ 2,900

Insurance est $ 4,462

Repairs allowance $ 1,000

Our client is committed to selling, and as such, this property offers a fantastic opportunity for the investor, developer or first floor occupier to acquire a property in a precinct that is bound to benefit from the upswing in the commercial property market when it hits. Consider these factors; Separate titled commercial property, two well established tenants, dual street frontage with on-site parking, broad purpose clause and potential for greater development on the site (STCA).

Property ID: 5784531Last Updated: 5 Jan 2015

0438 *** ***
65 Dundas Court
Phillip, ACT 2606

Agency contacts

LJH Commercial - Canberra

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LJH Commercial - Canberra

Level 6, 28 University Avenue
CITY, ACT 2601
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Mark Thompson
LJH Commercial - Canberra
65 Dundas Court Phillip, ACT 2606

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

Kind Regards,

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