Belle Property Commercial Canberra are pleased to offer for sale Unit 29, Edgeworth, located within the Midtown Precinct prominently situated on the corner of Northbourne Avenune, Macarthur Avenue and David Street in the highly sought after inner north Canberra suburb of Turner.
Recently completed by HTI, one of Canberra’s top property development companies, the Midtown Precinct is located adjacent to the Macarthur Avenue light rail stop and comprises 26 residential apartments, 5 commercial tenancies, a public carpark and the newly opened Mantra on Northbourne hotel.
Unit 29 is a 37sqm ground floor commercial tenancy with prominent frontage to the visitor carpark and located directly next door to the popular Clay Café. The property is leased on the following terms:
• Tenant: Sui Spa Canberra • Lease Commencement: 22 July 2020 • Lease Term: 5 + 3 years • Commencing Rent: $28,411.32pa ($768/sqm) +GST • Annual Increases: Fixed at 2.5%pa • Outgoings: Tenant pays increases over base year • Security: 3-month bank guarantee + personal guarantee
Belle Property Commercial Canberra are offering the property for sale by Expressions of Interest closing 4pm, Thursday 15th October 2020. For further information or to arrange an inspection, please contact the exclusive agent, Mark Nicholls of Belle Property Commercial Canberra.
No open inspections scheduled.
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Contact Mark Nicholls to learn more about this property, request an inspection or take an online tour.
Retail Size:37 m²*
*These are approximate values based on available information.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.