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4-14 Woolley Street, Dickson, ACT 2602

4-14 Woolley Street, Dickson, ACT 2602

Retail

  • Sold Contact Agent
  • Mon 03-Aug-15

Prime position on busy retail strip

  • Multi-tenanted mixed use building
  • Diversified cash flow & expiry profile
  • Located in busy retail precinct

  • Land Area
  • 1277.00 m² (approx)
  • Floor Area
  • 1,270 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Sep 25, 2015
  • Zoning
  • CZ3: Services Zone

Interested in this property? Contact an Agent today

JLL - Canberra

Level 7, 121 Marcus Clarke Street

City ACT 2601

Michael Heather

Prime position on busy retail strip

4-14 Woolley Street Dickson is a multi-tenanted mixed use building that is currently occupied by a diverse mix of retail and commercial tenants. The property occupies a prime position on the retail strip of Woolley Street within close proximity to the major shopping area of Dickson.

This property provides an opportunity to add value by upgrading and re-leasing the two (2) vacant tenancies to increase cash flow.

• Estimated fully leased net income of $381,000* per annum
• Total lettable area of 1,270sqm*
• Opportunity to add value to the income stream
• Prime location in a busy restaurant and entertainment precinct
• Possible future residential redevelopment site (Subject to approval)
• Located in tightly held retail investment market
*approximately

The property is offered to the market under instructions from the Receivers and Managers, Hayes Advisory.

4-14 Woolley Street, Dickson, ACT 2602

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