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6/38 Gartside St
Wanniassa ACT 2903
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6/38 Gartside St Wanniassa ACT 2903

  • Shop & Retail
  • 110 m²
  • For Sale, $675,000 (GST na) (under offer)

Erindale Retail Investment

    This well-located retail property in the bustling suburb of Wanniassa offers a stable income with a long-term tenant in place. With no outgoings recovered from the tenant, the property provides a predictable and hassle-free investment. The lease includes a 5-year option, ensuring continued tenancy beyond the current lease term. The rent increase scheduled for 2026 further enhances the property's future income potential.

    The broad permitted usage give many potential usage for a future proof of this property. permitted usages including Retail, Take away, health facility, liquor shop, Vet hospital, Office, indoor recreation, light industry, manufacture and storage.

    Lease Term: Till April 2026
    Lease Option: 1x 5 Years Option
    Current Rent: $42,980.00 per annum
    Rent Increases: Fixed rent until 14/04/2026, then increases to $45,129.00 per annum, fixed for the next five years
    Outgoings Recovered: Nil
    Outgoings:
    Water Rates: $747.04 per annum
    Strata Levies: $6,869.39 per annum
    Council Rates: $4,907.78 per annum

    Ray White Commercial Canberra
    Ray White Commercial Canberra
    Level 1, 32 Lonsdale Street
    Braddon, ACT 2612

    Property Highlights

    Floor Area110 m²
    Land AreaAsk Agent
    Parking1 x Onsite parking
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2019365160
    Category
    Last updated  13 Nov 2024
    Map for 6/38 Gartside St Wanniassa ACT 2903
    Ray White Commercial Canberra
    Ray White Commercial Canberra
    Level 1, 32 Lonsdale Street
    Braddon, ACT 2612

    Property Highlights

    Floor Area110 m²
    Land AreaAsk Agent
    Parking1 x Onsite parking
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2019365160
    Category
    Last updated  13 Nov 2024

    Listed by

    Steven Shang
    Ray White Commercial Canberra
    Call
    0411 374 432

    More about 6/38 Gartside St Wanniassa ACT 2903

    6/38 Gartside St Wanniassa ACT 2903 is categorized as Shop & Retail Property. It has a floor area of 110 m². There are 1 x onsite parkings.The listing ID for this property is 2019365160.

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