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Barton Commercial Property - FYSHWICK

Unit 85, 2 Manning Clark Crescent Franklin, ACT 2913

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Unit 85, 2 Manning Clark Crescent,
Franklin, ACT 2913

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Barton Commercial Property - FYSHWICK
James Brown
Patrick Barton

Barton Commercial Property - FYSHWICK

Unit 11, 8 Gladstone Street
FYSHWICK, ACT 2609
Barton Commercial Property - FYSHWICK
Unit 85, 2 Manning Clark Crescent
Franklin, ACT 2913

Map of Unit 85, 2 Manning Clark Crescent

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Long Term Leased Investment Property

  • Leased Investment Until 2032
  • No Stamp Duty or GST Applicable
  • 83 Sqm Net Lettable Area
Located along Flemington Road, being a main artillery thoroughfare in north Canberra. Walking distance to the light rail station and positioned under a multi storey residential development (Esque).

A very well-established Bottle-O with a 10-year lease started in 2022 with 5-year option through to 2037. The tenant has 2% fixed increase every year and a 4% increase on the option renewal.

Gross income - $44,146.00
Strata $4,311.80 Per Annum
Rates $5,806.38.12 Per Annum
Water & Sew $747.08 Per Annum (Tenant pays)
Net income - $35,227.82

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Franklin, 2913 demographic data

Franklin and Australian Capital Territory have similar median household incomes, at $2,383. Franklin has a younger age profile compared to the rest of Australian Capital Territory (median age 30 vs 35). Property ownership data shows 78% of property owners in Franklin have a mortgage.

7,484
Population
$2,383 per week
Median household income
30 years
Median age
Owners
Most residents
Families
Most households

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