A fantastic investment opportunity with popular Restaurant Alara's Turkish Pide Grill House as tenant! Rent is excluding GST
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74/2 Cape Street, Dickson ACT 2602

$1,650,000

RetailSize: 117 m² (approx)
Block size: 6167 m² approx.UV: $6,745,000 (2023)

Positioned on Cape Street, surrounded by variety of residential buildings and steps away from light rails station and bus interchange, this commercial property offers spacious ground floor 117 sqm site + allocated 1 basement car spot with double shop frontage.
Currently leased to the popular restaurant Alara's Turkish Pide Grill House, to May 31st 2026 with a further (5) years option.Rent return: $78,000/annum ( Excluding GST) with CPI increase review annually.
This is an excellent opportunity to enjoy the future developing benefits of Dickson! Don't miss out and Call or text Alex Wang 0402 169 387..

Features:
a Super location! close to the lightraila Huge amount of passing vehicle traffic and excellent street exposuresa Current tenant is a popular resturaunta plenty of on street parking
Particulars (all approx.)Rates: $2,103 per quarter approx.Levy: $ 2,786 per quarter approx.

DISCLAIMERWe have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits. Any figures and information contained in this advertisement are approximate and a guide only and should not be relied upon for financial purposes or taken as advice of any nature. Individuals, Self-Managed Super Funds, companies, anyone or entity, should make their own inquires and seek their own advice and rely only upon those inquiries and advice.
Archer does not guarantee the accuracy of the information above and are not financial advisers or accountants and do not provide any of the above information as advice of any nature.

nbn® Fibre to the Node (FTTN) is available in this property
Max wholesale speed tier available: nbn® Home Fast

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Key details

Property type:
Retail
Block Size:
6167 *
Unimproved Value:
$6,745,000 (2023)

Other Details

Block:
3
Section:
34
Rates (Residential):
$36,201*
Rates (Commercial):
$356,401*
Rates (Rural):
$6,150*
Land Tax (Residential):
$75,365*
Legal description:
CANB/DICK/34/3
nbn® availability:
nbn® Fibre to the Node (FTTN)
*These are approximate values based on available information.
Archer Canberra

Maps and area information

Land Details
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Block information
Block 3 Section 34 Dickson
Block size: 6167 (approx)
Unimproved value: $6,745,000 (2023)
Legal description: CANB/DICK/34/3
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Need more info? We've got you covered.
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.
Enrolment areas for ACT public schools.

What's nearby

Lyneham PrimaryPrimary School
1km
Lyneham HighHigh School
0.5km
Calvary Private HospitalHospital
4.3km
Canberra CentreMajor Shopping Centre
3.2km
Australian National UniversityUniversity
3.6km
Daramalan CollegeCollege
0.3km
Dickson Post OfficePost Office
0.3km
Aust. Defence AcademyTafe
4.7km

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
31 Aug 2021
Sold
Ray White Commercial Canberra
$1,010,000
Contract: 31/08/2021
Listed: 27/11/2020
Days on market: 277
Transfer type: Full transfer

Dickson suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian salesUnimproved value
Average Age
31 years
Population
3,292
Unimproved value for Dickson
$6,745,000
Listing ID: 181265641. This listing has been viewed 597 times. It was first displayed on 16/01/2023 and last updated on 12/10/2023.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.