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Unit 29/219 Northbourne, Turner ACT 2612

By Negotiation

RetailSize: n/a
Retail size: 37 m² approx.
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.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Mark Nicholls to learn more about this property, request an inspection or take an online tour.

Key details

Property Type:Retail
Retail Size:37 *
*These are approximate values based on available information.
Belle Property Retail Canberra

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What's nearby

St Joseph's Primary SchoolPrimary School
0.5km
Lyneham HighHigh School
1km
Calvary Private HospitalHospital
4km
Canberra CentreMajor Shopping Centre
2.1km
Australian National UniversityUniversity
2.4km
Merici CollegeCollege
0.8km
O'connor Post OfficePost Office
0.9km
Aust. Defence AcademyTafe
4.1km

Property history
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Suburb and property insights

Median salesMedian sales
Median Sale Price For Turner
$570,000
Average Age
31 years
Population
4,047
Turner's Property Profile
Turner's Occupancy

Contact agents

Belle Property Retail Canberra

Belle Property Retail Canberra

View agency details
Mark NichollsBelle Property Retail Canberra
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Listing ID: 178734792. This listing has been viewed 242 times. It was first displayed on 23/09/2020 and last updated on 23/09/2020.
  • Surrounding suburbs

    • Braddon, ACT
    • City, ACT
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