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12-14 Bougainville Street Griffith, ACT 2603

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12-14 Bougainville Street,
Griffith, ACT 2603

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Iconic Manuka Building / Fully Leased Investment

Currency House combines two separately titled semi-detached commercial properties to form a standalone multi-tenanted investment within one of Canberra’s premier traditional character suburbs.

The building is heritage in style, charming in appearance and amplifies the unique character of the local area. It offers separate entrances and an abundance of car parking with drive around amenity when combined.

The occupancy profile is fully leased and diversified across three separate tenants including Definitive Dental, Luton Properties and Velocity Conveyancing. These tenancies are anchored by a mixture of long-term and new lease arrangements.

Internally the building accommodates a mixture of traditional character with modern refurbished amenities. The existing Crown Leases issued on Currency House allow for a mixture of commercial and residential uses creating flexibility in future potential occupancy.

Currency House is set on a renowned and thriving high-street of retail and commercial operators. Manuka as a prestigious commercial precinct is synonymous with cafés, restaurants and boutiques, supported by a supermarket, service station and numerous smaller scale consultancies.

Key attributes of the property are as follows:

• Standalone iconic investment
• 2 separate titles
• Sought after Manuka location
• Lettable area of 486 sqm (approx.)
• Land area of 1,432 sqm
• 21 onsite car parking spaces
• Fully leased with established tenants
• Estimated net income $244,008.74 (as at 1 October 2020)
• WALE by income of 3.17 years (as at 1 October 2020)

Property ID: 503670478Last Updated: 3 May 2023

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12-14 Bougainville Street
Griffith, ACT 2603
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