Share this property

Burgess Rawson Canberra Commercial - Dickson

Unit 139 81 Constitution Ave Campbell, 139/81 Constitution Avenue Campbell, ACT 2612

Directions

Unit 139 81 Constitution Ave Campbell, 139/81 Constitution Avenue,
Campbell, ACT 2612

Hotel & Leisure • Shop & Retail

Price information

Sold

$2,800,000

Key property information

Floor area

Car spaces

Property extent

Tenure type

Sold on

Burgess Rawson Canberra Commercial - Dickson
Guy Randell
James Baker

Burgess Rawson Canberra Commercial - Dickson

G03/19 Challis Street
DICKSON, ACT 2602
Burgess Rawson Canberra Commercial - Dickson
Unit 139 81 Constitution Ave Campbell, 139/81 Constitution Avenue
Campbell, ACT 2612

Map of Unit 139 81 Constitution Ave Campbell, 139/81 Constitution Avenue

Directions

Global Trophy Restaurant - 10 Year Net Lease with 4% Annual Increases

  • Strong 4% annual rent increases
  • Operates 6 Restaurants Globally
  • 10 Year Net Lease
Burgess Rawson are delighted to exclusively offer For Sale by Auction this exceptional tenanted investment leased to Lanterne Rooms.

Laterne Rooms is a 212 sqm tenancy with 53 sqm of exclusive outdoor dining on subsidiary title. The stunning fitout has been designed by the notable and mutli award winning Capezio Copland with no expense spared.

The location speaks for itself, Constitution Avenue is the main road linking the CBD - situated just 2 kilometres away, seated within the major corporate and government sector with ASIO, Defence Headquarters (Russell Offices) directly across the road with a multitude of other National Government entities. The Lanterne Rooms is within walking distance to some of Canberra’s leading tourist attractions such as The War Memorial and Lake Burley Griffin. Conveniently located between the employment hubs of Civic & Russell with roughly 10,000 people working within the area.

Lanterne Rooms is a Global sensation as part of the Internationally famous Chairman Group. Servicing both the elite of politics from every Prime Minister down to the locals and families who call this restaurant a favourite. You have a once in a lifetime opportunity to own a high performing, destination, long standing and awarded tenanted investment.

Secured by a 10 year fully net lease with 4% increase and 100% of outgoings by tenant will ensure you a sustained and long term secure investment.

Highlights include:

The Chairman Group owns and operates 6 restaurants globally

The Chairman Hong Kong is number one on Asia's 50 Best Restaurants

Area: 212 sqm internal with 53 sqm of exclusive outdoor dining (over $200,000 on the outdoor alone)

Strong 4% annual rent increases

100% outgoings by tenant including management

10 year net lease with options to 2042


Lessee: The Small Premium Wine Co Pty Ltd
Lease Term: 10 Year net lease
Lease Commencement: 1 Feb 2022
Lease Expiry: 31 Jan 2032
Increases: 4% Rent Reviews
Option: 2 x 5 year options

Net Income: $144,160 pa + GST

Explore property virtually

Video

Additional information

Property ID: 504021991Last Updated: 3 Jun 2022

Burgess Rawson Canberra Commercial - Dickson
G03/19 Challis Street
DICKSON, ACT 2602
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

More properties from Burgess Rawson Canberra Commercial - Dickson

Other properties you might be interested in based on the location and property type you are looking at.