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.