New 10 year lease expiring November 2026 plus 5 year option to 2031
Leased to Chase Group: one of Canberra's leading construction and development companies specialising in a variety of build types, with over $250 million worth in current projects
Prestigious 202 sqm open plan office plus two car spaces on title
Impressive internal fit out costing over $240,000 with custom made joinery, two boardrooms, private office, kitchen, staff bathrooms and printing/storage room
Part of the award winning "Element" building, developed by Chase Group, comprising restaurants, cafes, retail, office and residential
Building only 1 year old with depreciation benefits available
Waterfront location overlooking the Kingston Foreshore
Easily managed single tenant investment
Tenant pays all increases in outgoings, as per lease
Attractive 4% annual rent increases
Net income: $100,858 pa + GST