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ID 305914UpdatedSoldUnit 15,236-242 Cowlishaw St, Greenway
15/236-242 Cowlishaw Street
Greenway, Australian Capital Territory, 2900
Please contact us for price
- Size244 SQM
- Description
- Building Information
- Location
- Agents
Description
Easy to Manage Investment Offering 7.5% Yield
JLL is pleased to offer Unit 15, 236-242 Cowlishaw Street, Greenway for immediate sale at $1,225,000 which equates to a yield of over 7.5%.
This opportunity deserves the attention of investors seeking the following:-
• High Yield investment falling below ACT Government Commercial Stamp Duty Threshold**
• New 5 year net lease to 2024 plus option to Luton Properties with fixed annual rental increases of 3.5%
• 244 sqm unit with Excellent amenity from Lake Tuggeranong and immediate access to South.Point Shopping Centre and large Federal Government departments
• Tuggeranong is home to approximately 85,000 people and one of Canberra’s key town centres, with ACT Government works to upgrade urban infrastructure underway.
• Tenant has operated in Tuggeranong market for nearly 20 years and has invested in new fitout
• Tenant pays all outgoings (as per lease)
• Net income $92,720 p.a*
*Approx.
**As per ACT government stamp
duty exemptions under $1.5m
Interested parties are welcome to inspect via sole agents JLL
JLL is pleased to offer Unit 15, 236-242 Cowlishaw Street, Greenway for immediate sale at $1,225,000 which equates to a yield of over 7.5%.
This opportunity deserves the attention of investors seeking the following:-
• High Yield investment falling below ACT Government Commercial Stamp Duty Threshold**
• New 5 year net lease to 2024 plus option to Luton Properties with fixed annual rental increases of 3.5%
• 244 sqm unit with Excellent amenity from Lake Tuggeranong and immediate access to South.Point Shopping Centre and large Federal Government departments
• Tuggeranong is home to approximately 85,000 people and one of Canberra’s key town centres, with ACT Government works to upgrade urban infrastructure underway.
• Tenant has operated in Tuggeranong market for nearly 20 years and has invested in new fitout
• Tenant pays all outgoings (as per lease)
• Net income $92,720 p.a*
*Approx.
**As per ACT government stamp
duty exemptions under $1.5m
Interested parties are welcome to inspect via sole agents JLL
Location
Agent
Mitch Frail
Senior Executive
Agent details