Nightfall, 2 Grazier Lane,
Belconnen, ACT 2617
Shops & Retail • Offices
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Sentia Real Estate - GRIFFITH
Lvl 1/14 Barker StreetGRIFFITH, ACT 2603
04228376...
Nightfall, 2 Grazier Lane
Belconnen, ACT 2617
Map of Nightfall, 2 Grazier Lane
Investment opportinity in Belconnen - high yield
- 5 + 5 year new lease
- Secure investment
- Thriving precinct
REPUBLIC PRECINCT
Block 113-117, Section 48
Building: Nightfall
Unit: C17 (351)
Area: 90sqm
Net Rent: $36,000 (ex GST)
*Potential Net Rent: $42,000 (ex GST)
Car Parks: 3 dedicated bays (currently vacant)
Term: 5 + 5 years
Ling & J Investment Pty Ltd operating as Earlybird Parcel & Apexmod Computer, have committed to a new 5 + 5-year lease at Nightfall on a net rent of $36,000 per annum (ex GST). The tenant pays all outgoings and incurs 3.5% annual increases.
The tenant has not leased any car parks. Three dedicated bays are available to be rented out at an approx value of $2,000 (ex GST) per annum, in addition to the rent payable.
The Republic precinct comprises of over 1,200 new apartments, a 135-room hotel, 500 privately managed public carparks, a supermarket and approximately 6,500sqm of office, retail and leisure accommodation.
Current Outgoings: (100% paid by tenant)
- General Rates: $4,372
- Water & Sewerage: $687
- Strata: $3,707
*Potential net rent based on 3 car parks rented in addition to lease to Ling & J Investment Pty Ltd.
Block 113-117, Section 48
Building: Nightfall
Unit: C17 (351)
Area: 90sqm
Net Rent: $36,000 (ex GST)
*Potential Net Rent: $42,000 (ex GST)
Car Parks: 3 dedicated bays (currently vacant)
Term: 5 + 5 years
Ling & J Investment Pty Ltd operating as Earlybird Parcel & Apexmod Computer, have committed to a new 5 + 5-year lease at Nightfall on a net rent of $36,000 per annum (ex GST). The tenant pays all outgoings and incurs 3.5% annual increases.
The tenant has not leased any car parks. Three dedicated bays are available to be rented out at an approx value of $2,000 (ex GST) per annum, in addition to the rent payable.
The Republic precinct comprises of over 1,200 new apartments, a 135-room hotel, 500 privately managed public carparks, a supermarket and approximately 6,500sqm of office, retail and leisure accommodation.
Current Outgoings: (100% paid by tenant)
- General Rates: $4,372
- Water & Sewerage: $687
- Strata: $3,707
*Potential net rent based on 3 car parks rented in addition to lease to Ling & J Investment Pty Ltd.
Additional information
Documents
Belconnen, 2617 demographic data
The median household income for Belconnen is $1,776, 25% lower than Australian Capital Territory's household income of $2,373. Belconnen has a younger age profile compared to the rest of Australian Capital Territory (median age 30 vs 35). Property ownership data shows 59% of property owners in Belconnen have a mortgage.
8,502
Population
$1,776 per week
Median household income
30 years
Median age
Renters
Most residents
Families
Most households
Sentia Real Estate - GRIFFITHLvl 1/14 Barker Street
GRIFFITH, ACT 2603
GRIFFITH, ACT 2603
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