Unit 108/227 Flemington Rd Franklin ACT 2913

Shop & Retail
172 m²
Sold, $855,000

Franklin Retail Investment Opportunity

This 172sqm retail tenancy in Franklin presents a fantastic investment opportunity. It features entrances at both the front and rear of the building, ensuring maximum exposure and accessibility.

The tenancy has been divided into two separate spaces, with 85sqm currently leased to a successful beauty business for a new 5-year term. This section generates a net rental income of $27,200 per annum, plus GST.

The remaining 85 sqm is located at the front of the unit and is suitable for either an owner-occupier or lease, offering potential for additional income. Additionally, the unit comes with three basement car parks to provide convenient parking for tenants or customers.

Purpose including non-retail commercial use, Restaurant and Shop.
Estimated total outgoings $12,600 pa

Ray White Commercial Canberra

Level 1, 32 Lonsdale Street

Braddon, ACT 2612

Property Highlights

Date Sold	21 Aug 2023
Sold Price	$855,000
Floor Area	172 m²
Land Area	Ask Agent
Energy	0-star NABERS Energy rating
Parking	Ask Agent
Property ID	2018486422
Category	Shop & Retail Offices
Last updated	21 Aug 2023

Map for Unit 108/227 Flemington Rd Franklin ACT 2913

Nearest transport* to Unit 108/227 Flemington Rd Franklin ACT 2913

Bus

Train

Tram

Ferry

Nullarbor Av after Flemington Rd	180 m
Nullarbor Av before Flemington Rd	200 m
Nullarbor Av after Wimmera St	313 m
Nullarbor Av before Pinnacles St	321 m

*Within a 4km radius

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The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.

Ray White Commercial Canberra

Level 1, 32 Lonsdale Street

Braddon, ACT 2612

Property Highlights

Date Sold	21 Aug 2023
Sold Price	$855,000
Floor Area	172 m²
Land Area	Ask Agent
Energy	0-star NABERS Energy rating
Parking	Ask Agent
Property ID	2018486422
Category	Shop & Retail Offices
Last updated	21 Aug 2023

Listed by

Steven Shang

Ray White Commercial Canberra

Call

0411 374 432

More about Unit 108/227 Flemington Rd Franklin ACT 2913

Unit 108/227 Flemington Rd Franklin ACT 2913 is categorized as Shop & Retail Property. It has a floor area of 172 m². The listing ID for this property is 2018486422.