Unit 108, 227 Flemington Rd,
Franklin, ACT 2913

This 172sqm retail tenancy in Franklin presents a fantastic investment opportunity. It features entrances at both the front and rear of the building, ensuring maximum exposure and accessibility.

The tenancy has been divided into two separate spaces, with 85sqm currently leased to a successful beauty business for a new 5-year term. This section generates a net rental income of $27,200 per annum, plus GST.

The remaining 85 sqm is located at the front of the unit and is suitable for either an owner-occupier or lease, offering potential for additional income. Additionally, the unit comes with three basement car parks to provide convenient parking for tenants or customers.

Purpose including non-retail commercial use, Restaurant and Shop.
Estimated total outgoings $12,600 pa