BULKY GOODS - BLUECHIP INVESTMENT
Highlights
- Large International Tenant
- Secure long term Income
- Locally Recognised Location
- Rental Growth
Description
This is a landmark building that has continually housed leading national bulky-goods furniture retailers, Fantastic Furniture. The building has modern improvements totaling 2,693 sqm, consisting of mainly showroom space with a warehouse component. The showroom space is over a tri-level layout with a lift servicing all levels and easy walk-up staircases
A 10-year lease to September 2031 with options up until 2041, the tenant has just completed a new internal fit out with a large capex expenditure.
With a net income of $399,250 per annum + GST.
Located in the heart of Fyshwick in the number one recognised bulky-good/ furniture retailer precinct. Fyshwick is recognised as the leading industrial area of Canberra and is in close proximity to highways leading in and out of Canberra.
ACT Planning Authority
TenureTenanted Investment
PricingAll prices are indicative plus GST (if any).
Sale Car Spaces27
TenureThe tenant, Fantastic Furniture, well established tenant currently upgraded the premise with new branding, carpet and additional onsite warehousing.
Building Area 2,693 m² Land Area 2,973 m2