Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh StreetSYDNEY, NSW 2000
AA, G06, 35 Furzer Street
Phillip, ACT 2606
Map of AA, G06, 35 Furzer Street
Bus stops within 5 km of AA, G06, 35 Furzer Street, Phillip, ACT 2606 Distance Woden Bus Stn PLT 18 201 m Launceston St Phillip Oval 261 m Woden Bus Stn PLT 15 296 m Woden Bus Stn PLT 11 304 m Corinna St Westfield Woden 311 m POWERED BY HERE ©
POWERED BY HERE ©
Delicious Investment with Long Lease - Stamp Duty Free
- Stamp Duty Free
- Attractive 4% annual increases
- 7 Year Net Lease + Options to 2034
Burgess Rawson are delighted to exclusively offer For Sale by Auction this bite sized tenanted investment leased to Canberra's latest Sri Lankan Restaurant and Cafe; Short Eats.
35 Furzer Street is part of the Alexander and Albemarle Precinct in the Woden Valley Town Centre and is close to Westfield Shopping Centre in the epicentre of the whole Canberra Region. With over 3,000 apartments in planning or construction, the new CIT with over 6,500 students annually and the light rail terminal all within a short walk coming this is Canberra's town centre renewal project.
The Albemarle and Alexander buildings experienced a large re-development which include 19 tenancies with exceptional tenants including The Alby Pub, Wonderschool Childcare, Bloom Cafe, Hiit Republic Gym and a number of cafes, restaurants and retail offerings. Designed by Capezio Copeland, constructed by BLOC and developed by the National Award-winning Doma Group they re-purposed the existing structure and were able to take advantage of the environmental benefits when transforming the building.
Highlights:
+ 7 Year Net Lease + Options to 2034
+ Attractive 4% annual increases
+ High density corporate population
+ Hospitality institution in busy central CBD location
+ 12,500 people in the public sector within 100 m radius
Lease Term: 7 years lease
Lease Commencement: 01/04/2021
Lease Expiry: 31/03/2028
Increases: 4% Rent Reviews per annum
Option: 2 x 3 year options
Net Income: $69,160 pa + GST
35 Furzer Street is part of the Alexander and Albemarle Precinct in the Woden Valley Town Centre and is close to Westfield Shopping Centre in the epicentre of the whole Canberra Region. With over 3,000 apartments in planning or construction, the new CIT with over 6,500 students annually and the light rail terminal all within a short walk coming this is Canberra's town centre renewal project.
The Albemarle and Alexander buildings experienced a large re-development which include 19 tenancies with exceptional tenants including The Alby Pub, Wonderschool Childcare, Bloom Cafe, Hiit Republic Gym and a number of cafes, restaurants and retail offerings. Designed by Capezio Copeland, constructed by BLOC and developed by the National Award-winning Doma Group they re-purposed the existing structure and were able to take advantage of the environmental benefits when transforming the building.
Highlights:
+ 7 Year Net Lease + Options to 2034
+ Attractive 4% annual increases
+ High density corporate population
+ Hospitality institution in busy central CBD location
+ 12,500 people in the public sector within 100 m radius
Lease Term: 7 years lease
Lease Commencement: 01/04/2021
Lease Expiry: 31/03/2028
Increases: 4% Rent Reviews per annum
Option: 2 x 3 year options
Net Income: $69,160 pa + GST
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Property ID: 504079659Last Updated: 1 Jul 2022
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Kieran Bourke
Burgess Rawson Canberra Commercial - DicksonG03/19 Challis Street
DICKSON, ACT 2602
DICKSON, ACT 2602
Guy Randell
James Baker
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