10/2 Dominion Place Queanbeyan NSW 2620

Raine & Horne Commercial Canberra are pleased to offer Unit 10, 2 Dominion Place for sale as a tenanted investment opportunity.

Queanbeyan has fast become an ideal option for Canberra-based businesses to operate from due to more affordable rents and its proximity to Fyshwick (approx. 5 minutes' drive), Canberra CBD (approx. 15 minutes' drive) and Googong (approx. 5 minutes' drive). Queanbeyan also offers easy access to the Federal Highway (via Sutton Road), Cooma (via Monaro Highway) and the South Coast (via Kings Highway).

2 Dominion Place comprises 11 individual high-quality commercial units suitable for a range of uses including corporate offices, light industrial warehousing and retail showrooms.

Unit 10 is an 83sqm high clearance warehouse unit with 1 allocated carpark. The unit is leased to Lion Batteries on the following high-level lease terms:

• Lease Commencement: 1st June 2024
• Lease term: 2+2 years
• Commencing Rent: $28,000pa +GST (gross)
• Rental Increases: 4% per annum (including on the exercise of the option)
• Security: Cash Bond equivalent to 3 months' rent ($7,700 inc GST)

Estimated outgoings (paid by owner):

• Strata Budget - $4,020pa
• Council rates - $1,500pa
• Water rates - $360pa
• TOTAL: $5,880pa

For further information or to arrange an inspection, please contact Raine & Horne Commercial canberra.