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SQ1 Southquay, Units 278 & 279, 311 Anketell Street Greenway, ACT 2900

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SQ1 Southquay, Units 278 & 279, 311 Anketell Street,
Greenway, ACT 2900

Shops & Retail • Hotel, Motel & Leisure

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Map of SQ1 Southquay, Units 278 & 279, 311 Anketell Street

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BRAND NEW 5 YEAR LEASE - 7% RETURN!

  • New lease to Orange Theory Fitness
  • Brand new modern development
  • Attractive annual increases
CBRE are pleased to present units 278 & 279 within the brand new SQ1 development presented by Empire Global. The two units, measuring a total of 254sqm* plus 52sqm* of outdoor space, have recently been leased to Orange Theory Fitness on a brand new 5 + 5 + 5 year term. The first year’s gross rent is $92,000 +GST which increases annually by 3.5%.

SQ1 is a mixed used development which consists of seven modern commercial ground floor units fronting Anketell Street. Located diagonally opposite Bunning’s Warehouse and in close proximity to the Tuggeranong Medical Centre, the Tuggeranong Hyperdome and other major retailers, these units benefits from high levels of passing traffic.

Key Investment highlights include:

- 254sqm* plus 52sqm* of outdoor space
- 4 secure basement carparks
- Brand new 5 + 5 + 5 year lease to Orange Theory Fitness
- Estimated net income: $78,000p.a*
- Attractive 3.5% annual increases

For more further information or to arrange an inspection please contact the exclusive agents of CBRE.

Approx*

Property ID: 502584862Last Updated: 6 Mar 2019

04344003...
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SQ1 Southquay, Units 278 & 279, 311 Anketell Street
Greenway, ACT 2900
CBRE - Canberra
Level 4, 2 Constitution Avenue
CITY, ACT 2601

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