A Rare CBD Investment Opportunity - Long Wale High Quality

Yield Commercial is pleased to exclusively present to the market this exceptional CBD ground floor retail investment, positioned within one of Canberra's busiest dining and entertainment precincts. Positioned within the heart of Canberra's CBD, the property forms part of the well-established Highgate and Park Avenue mixed-use developments. The precinct enjoys a diverse and reliable customer base supported by surrounding residents, office workers and visitors, while benefiting from its immediate proximity to QIC's Canberra Centre, Canberra Casino and a significant concentration of government and commercial offices. With approximately 372 apartments integrated within Highgate and Park Avenue alone, the location offers a substantial built-in customer base complemented by strong daily pedestrian activity. Supporting the precinct is an established mix of hospitality, retail and service operators including EzyMart, King of Kebabs, Xin's Kitchen, cafés and convenience retailers, creating an active commercial environment with strong daily pedestrian activity throughout the week. Investment Highlights + Premium Canberra CBD retail investment. + Two (2) established hospitality tenants. + Annual Net Income: $310,289.68 pa + GST. + Strong WALE underpinned by lease expiries extending through to 2037. + Large 491sqm tenancy with diversified income across two leases. Tenant: Manila in Canberra Annual Net Rent: $136,000 pa + GST Lease Commencement: 1 May 2025 Lease Term: 10 Years Lease Expiry: 30 April 2035 Area: 179sqm Tenant: Lilong Chinese Restaurant Annual Net Rent: $209,531.61 pa + GST Car Parking Income: $3,600 pa Lease Commencement: 1 June 2024 Lease Term: 13 Years Lease Expiry: 31 May 2037 Area: 326sqm Total combined Annual Net Rental Income: $310,289.68 pa + GST For more information, please contact the agents. Guy Randell on 0430 272 999 Steve Burke on 0428 434 464 Joseph Garufi del Castillo on 0457431877