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6/38 Gartside St Wanniassa, ACT 2903

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6/38 Gartside St,
Wanniassa, ACT 2903

Shops & Retail
Added today

Price information

Sale

$675,000

Key property information

Floor area

Tenure type

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Map of 6/38 Gartside St

Directions
  • Bus stops within 5 km of 6/38 Gartside St, Wanniassa, ACT 2903Distance
    Comrie St Opp Erindale Centre PLT 2243 m
    Sternberg CR After Ashley Dr413 m
    McBryde CR Erindale Centre459 m
    Sternberg CR After Erindale Dr459 m
    Sternberg CR Erindale Centre471 m
    POWERED BY HERE ©
POWERED BY HERE ©

Erindale Retail Investment

This well-located retail unit in the bustling suburb of Wanniassa offers a stable income stream 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.

Lease Term: Till April 2026
Lease Option: 1x 5 Year 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

Additional information

Property ID: 504639988Last Updated: 16 Jul 2024

04113744...
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6/38 Gartside St
Wanniassa, ACT 2903
RWC - Canberra
Level 1, 32 Lonsdale Street
BRADDON, ACT 2612
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