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27 Eastlake Parade, Kingston, ACT 2604

27 Eastlake Parade, Kingston, ACT 2604

Retail Offices

  • For Sale
  • $1,200,000
  • For Sale

Kingston waterfront retail investment for sale, 100% leased

  • Affordable Kingston Foreshore investment
  • Dec 2020 lease expiry + 5yr option
  • Tenant pays all property outgoings

  • Land Area
  • 0.53ha (1.31 acres) (approx)
  • Floor Area
  • 109 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Jun 13, 2019
  • Parking Comments
  • Basement car spaces

Interested in this property? Contact an Agent today

Colliers International - Canberra

Ground Floor, 21-23 Marcus Clarke Street

City ACT 2601

Kingston waterfront retail investment for sale, 100% leased

For sale via Private Treaty, this retail unit provides purchasers with a ready-made and affordable investment, positioned in a highly sought-after waterfront location.

• The Dockside development, completed by renowned Doma Group in 2013, is a prominent mixed-use building positioned in the heart of the Foreshore and with frontage to Kingston Harbour, Trevillian Quay and Eastlake Parade.
• The Kingston Foreshore is Canberra’s premier waterfront precinct, set in the affluent inner south and comprising a vibrant mix of commercial, retail and residential accommodation.
• Unit 134 Dockside provides purchasers with a fully-leased retail unit with an affordable price point and an unrivalled waterfront location.
• Located on the ground floor of the development this unit is 100% leased to Bad Betti’s Bar & Restaurant until December 2020 plus a further 5 year option.
• The investment provides purchasers with a net passing income of $106,000 p.a., fixed annual rent reviews of 4% p.a. and with the tenant responsible for all property outgoings.
• Unit 134 is 109sqm in size and features an allocated outdoor area fronting Kingston Harbour of approximately 110sqm as

27 Eastlake Parade, Kingston, ACT 2604

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