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JLL - Canberra

Unit 15,236-242 Cowlishaw St, Greenway, Unit 15, 236-242 Cowlishaw Street Greenway, ACT 2900

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Unit 15,236-242 Cowlishaw St, Greenway, Unit 15, 236-242 Cowlishaw Street,
Greenway, ACT 2900

Offices • Shop & Retail

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0429 *** ***
JLL - Canberra
Unit 15,236-242 Cowlishaw St, Greenway, Unit 15, 236-242 Cowlishaw Street
Greenway, ACT 2900
JLL - Canberra
Mitch Frail

JLL - Canberra

Level 7, 121 Marcus Clarke Street
CITY, ACT 2601

Map of Unit 15,236-242 Cowlishaw St, Greenway, Unit 15, 236-242 Cowlishaw Street

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Easy to Manage Investment Offering 7.5% Yield

  • New 5 year net lease to 2024
  • fixed 3.5% rental increases
  • For Sale $1.225m +
JLL is pleased to offer Unit 15, 236-242 Cowlishaw Street, Greenway for immediate sale at $1,225,000 which equates to a yield of over 7.5%.
This opportunity deserves the attention of investors seeking the following:-
 
• High Yield investment falling below ACT Government Commercial Stamp Duty Threshold**
• New 5 year net lease to 2024 plus option to Luton Properties with fixed annual rental increases of 3.5%
• 244 sqm unit with Excellent amenity from Lake Tuggeranong and immediate access to South.Point Shopping Centre and large Federal Government departments
• Tuggeranong is home to approximately 85,000 people and one of Canberra’s key town centres, with ACT Government works to upgrade urban infrastructure underway.
• Tenant has operated in Tuggeranong market for nearly 20 years and has invested in new fitout
• Tenant pays all outgoings (as per lease)
• Net income $92,720 p.a*

*Approx.
**As per ACT government stamp
duty exemptions under $1.5m
 
Interested parties are welcome to inspect via sole agents JLL

Property ID: 503444910Last Updated: 26 May 2020

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JLL - Canberra
JLL - Canberra
Level 7, 121 Marcus Clarke Street
CITY, ACT 2601
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Mitch Frail

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Mitch Frail
JLL - Canberra
Unit 15,236-242 Cowlishaw St, Greenway, Unit 15, 236-242 Cowlishaw Street Greenway, ACT 2900

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

Kind Regards,

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