25 Garema Place,
City, ACT 2601

PROPERTY FOR SALE (Business not included)

For sale of $2m.

25 Garema Place is a superbly located 2 level retail building in the heart of the entertainment district of Canberra's CBD. The building represents a rare opportunity to secure a 100% leased asset on a 10 year lease to a well run Hospitality operator.

Surrounded by many cafe's, restaurants and retailers. The building has approximately 240m2 of net lettable area and is a generational asset for it's next owner. Some of the primary features of the building are:

– Unbeatable located in the heart of Canberra CBD
– 100% leased until 31/12/2031
– Annual net rent of approximately $108,621 per annum.
- Land area of 139m2

The centre of the Canberra CBD is undergoing significant enhancement, with a new 5 star hotel being built directly across from the building.

The building is for sale for $2m.

Please contact Andrew Smith on 0409 600 4... for more information.

Please note: This is for the sale of the property only, it does not include the business. The business is operational and continuing.