18/19 Eastlake Parade,
Kingston, ACT 2604

Belle Property Commercial Canberra are pleased to present to market 18/19 Eastlake Parade, Kingston. Currently leased to multi award-winning restaurant, Morks, this Thai casual/fine-dining offering is one of the ACT's most widely recognised and well-loved establishments.

Offering absolute waterfront dining, Morks sits on the Southern shores of Lake Burley Griffin in a bustling precinct of bars, eateries and cafes. Located only 4 kms from Capital Hill, the Canberra CBD and the Airport, it is an oft-frequented haunt of the business and political elite.

The property offers the following highlights for investors:

- 5 + 5 year Lease to 2 February 2028 (if Option exercised, expiry 2033)
- Fixed 4% annual rent increases
- Morks: One of Canberra's finest restaurants. "Hatted" by both Sydney Morning Herald and Australian Good Food Guide
- 149 sqm with 40 sqm dedicated, undercover outdoor seating area on Title
- Part of one of Canberra's most exciting retail precincts
- Affluent main trade area, close to Parliament House, Defence Precinct and Airport
- Net income: $110,185.05 pa plus GST

Interested parties are invited to submit their expressions of interest for the purchase of 18/19 Eastlake Parade, Kingston by 4.00 pm, Thursday 23 March 2023.