Unit 11, 114 Emu Bank,
Belconnen, ACT 2617
Key property information
Map of Unit 11, 114 Emu Bank
Belconnen Retail Investment With Strong Growth Potential
This is a great opportunity to purchase commercial property that is likely to show good capital growth in the short to medium term as well as provide a net return well in excess of what you would achieve from a residential investment. The current rental level is very realistic, on 5 + 5 year lease with fixed increases, & provides the opportunity for strong rental growth as the Belconnen Town Centre population is set to increase significantly in the coming years as a result of the large amount of high density development currently being undertaken.
The Boardwalk is a strata titled retail development comprising 13 units in total, with 6 units fronting Emu Bank and 7 Units fronting Lake Ginninderra. The development is split level providing the units facing lake Ginninderra with a mezzanine level, whilst the units fronting Emu Bank are single level. There is a basement car park providing 85 car parks, a loading dock with a rear access corridor to each unit and lift servicing all levels of the development.
Property ID: 502986918Last Updated: 1 Mar 2019