The MBA award-winning, FRINGE at Epicentre, is a commercial development located backing Canberra Avenue and directly adjacent to the Canberra Outlet Centre in Fyshwick. The highly recognisable position offers exposure to one of Canberra's busiest arterial roads with traffic from all areas of Canberra and Queanbeyan districts.
For Sale is an opportunity to invest in two Level 1 units in the superbly presented "Fringe" building in Fyshwick. This available space is neatly fitted out with offices, receptions, open plan work spaces and a board room.Units 7+ 8 are two separate leases, providing a combined space of 185m2. Features: * Unit 7- 3yr lease ending Nov 2020 with 3 yr option * Unit 8 - new 3+3 year lease in place (started 28 June 2019). * The development provides superior quality facilities * Individual air-conditioning services for each unit * Shared fully furnished kitchen, meeting and break out areas and showers and change room amenities * Convenient customer car parking and easy lift access with an abundance of natural light Annual Rental Income - U7 (110m2) | $32,857 + GST pa (yr 2) | (3% fixed rent review) | Outgoings - Rates: $4,505.40 Water: $648, Strata: $5,530.80 (All outgoings paid by tenant) - U8 (74.9m2) | $26,976 + GST pa | 1.5% + GST increases, (3% + GST fixed -in option period) | Outgoings - Rates: $3,894.57, Water: $648, Strata: $3,737.04
For more information, or to arrange an inspection contact David Grimmond on 0406 376 697
No open times scheduled. Contact Agent to arrange a viewing.
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