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JLL - Canberra

41a David Street O'Connor, ACT 2602

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41a David Street,
O'Connor, ACT 2602

Offices • Medical & Consulting

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JLL - Canberra
Mitch Frail

JLL - Canberra

Level 7, 121 Marcus Clarke Street
CITY, ACT 2601
04291039...
JLL - Canberra
41a David Street
O'Connor, ACT 2602

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Medical Investment in Tightly Held Inner-North Local Centre

  • Single Titled Investment
  • 4.55 Year WALE
  • Net passing income $118,048 pa + GST
JLL is proud to present 41a David Street O'Connor for sale by Expressions of Interest.

41a David Street is a single titled building located in the leafy, affluent Inner North Suburb of O'Connor. Just 2 km from the Canberra CBD, 1km from ANU and 500m from Turner Primary School, O'Connor is a highly desirable suburb with the average sale price for a house exceeding $1.75m.

Just one of 7 buildings located in the O'Connor local centre precinct, it is the first time the asset has been available for sale since it was built. The two storey building is 100% leased to an excellent mix of medical tenants including a physiotherapist who has recently taken up a new 5 year option and a podiatrist. Other operators in the local centre include IGA, Capital Chemist, Aus Post, The Duxton gastro pub, dentist, pathology clinic and GP clinic.

• Boutique single titled asset in tightly held, popular local centre
• 4.55 year WALE by Income*
• 100% leased to a quality mix of medical tenants
• 347sqm of NLA across 2 levels
• First time on market since built
• large amounts of free public parking in direct vicinity
• 3% fixed annual rental increases
• Net passing income $118,048 pa + GST*
*(all figures approximate as at 1 Oct 2022)

For Sale by Expressions of Interest Closing 4pm Tuesday 8 November, 2022

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Property ID: 504171975Last Updated: 3 Jan 2023

JLL - Canberra
Level 7, 121 Marcus Clarke Street
CITY, ACT 2601

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