Unit 15,236-242 Cowlishaw St, Greenway, Unit 15, 236-242 Cowlishaw Street,
Greenway, ACT 2900

JLL is pleased to offer Unit 15, 236-242 Cowlishaw Street, Greenway for immediate sale at $1,225,000 which equates to a yield of over 7.5%.
This opportunity deserves the attention of investors seeking the following:-
 
• High Yield investment falling below ACT Government Commercial Stamp Duty Threshold**
• New 5 year net lease to 2024 plus option to Luton Properties with fixed annual rental increases of 3.5%
• 244 sqm unit with Excellent amenity from Lake Tuggeranong and immediate access to South.Point Shopping Centre and large Federal Government departments
• Tuggeranong is home to approximately 85,000 people and one of Canberra’s key town centres, with ACT Government works to upgrade urban infrastructure underway.
• Tenant has operated in Tuggeranong market for nearly 20 years and has invested in new fitout
• Tenant pays all outgoings (as per lease)
• Net income $92,720 p.a*

*Approx.
**As per ACT government stamp
duty exemptions under $1.5m
 
Interested parties are welcome to inspect via sole agents JLL