Asking Price
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 1987
Tenure Type Leasehold
Building Area
Land Area

Property Description

JLL are please to exclusively present 6-8 Campion Street Deakin for sale.


This property is an excellent value add opportunity for an investor or owner occupier to immediately occupy and re-position the building in the market and improve it's financial performance.


6-8 Campion Street Deakin is a two-storey office building located in the Inner-South business precinct of Deakin. Deakin is located approximately 3.5km's from Parliament House and 6km from Canberra's CBD. The property is in close proximity to Calvary John James Hospital, National Capital Private Hospital, the future Light Rail extension and a number of research and medical facilities.


The property can be sold either vacant possession or with a short term lease in place to provide holding income for the new owner.


For Sale $1,495,000


Please note inspections are via appointment only.


*Approx

Investment Highlights

  • Floor area of 523 sqm* split evenly over 2 levels
  • Land area: 611 sqm*
  • Estimated current gross market rent: $300-$325/sqm*
  • Estimated Re-positioned gross market rent: $370-$380/sqm*
  • Free standing single titled investment
  • Purpose clause allows for and approved association, office but not for wholesale trading
  • Stamp Duty Exempt (as per ACT Stamp Duty Legislation)


For Sale $1,495,000

Last Updated Date: 31 Jul 2020
Mitch Frail
Mitch Frail
Executive - Sales and Investments
Tim Mutton
Tim Mutton
Head of Sales & Investments – ACT

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Last Updated Date: 31 Jul 2020

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