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Civium Property Group

25 Garema Place City, ACT 2601

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25 Garema Place,
City, ACT 2601

Shops & Retail • Offices

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Civium Property Group
Andrew Smith

Civium Property Group

3 Lonsdale Street
BRADDON, ACT 2612
04096004...
Civium Property Group
25 Garema Place
City, ACT 2601

Map of 25 Garema Place

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CBD Investment Asset - 100% leased until 2031 - For Sale for $2m

PROPERTY FOR SALE (Business not included)

For sale of $2m.

25 Garema Place is a superbly located 2 level retail building in the heart of the entertainment district of Canberra's CBD. The building represents a rare opportunity to secure a 100% leased asset on a 10 year lease to a well run Hospitality operator.

Surrounded by many cafe's, restaurants and retailers. The building has approximately 240m2 of net lettable area and is a generational asset for it's next owner. Some of the primary features of the building are:

– Unbeatable located in the heart of Canberra CBD
– 100% leased until 31/12/2031
– Annual net rent of approximately $108,621 per annum.
- Land area of 139m2

The centre of the Canberra CBD is undergoing significant enhancement, with a new 5 star hotel being built directly across from the building.

The building is for sale for $2m.

Please contact Andrew Smith on 0409 600 4... for more information.

Please note: This is for the sale of the property only, it does not include the business. The business is operational and continuing.

Property ID: 504407108Last Updated: 9 May 2024

Civium Property Group
3 Lonsdale Street
BRADDON, ACT 2612
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