Own your piece of the Foreshore - leased until Q2 2022
27 Eastlake Parade, Kingston ACT 2604
Last Asking Price - $1,500,000
UV: $10,450,000 (2011)
For sale via Private Treaty, this large waterfront retail unit is ideally situated on the Kingston Foreshore, with high levels of passing traffic to maximise exposure.
The Dockside development is positioned on a high-profile corner site with direct frontage to the Kingston Harbour and Foreshore, as well as Eastlake Parade and Trevillian Quay in the heart of the Kingston Foreshore precinct.
The high profile 14,000m² development comprises a mix of retail and residential units, and is surrounded by a mix of retail, office and residential properties providing high demand for services, restaurants and amenities.
Unit 135 provides 169m² of retail space, 64m² of outdoor seating area, 3 secure basement carparks and a combined 115m² of storage space and includes additional kitchenette and bathroom facilities.
The unit is currently leased until 30 April 2022 to Keggins Estate, who are currently developing Sapphire at the Kingston Foreshore, and using the unit as a high quality and fitted out display suite. Keggins Estate recently extended the lease for a further 2 years from April 2020.
The estimated net passing income for the property is $112,021ex GST per annum.
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No open inspections scheduled.
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Contact Matthew Winter to learn more about this property, request an inspection or take an online tour.
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This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.