Knight Frank Canberra is pleased to present a rare opportunity to acquire two commercial strata units located within ‘The Kennedy’, a boutique commercial complex directly opposite the bustling Kingston Group Centre. Comprising a combined net lettable area of 228.8 sqm*, Units 7 & 8 are currently configured into two tenancies and fully leased to well-established professional services and healthcare tenants. Both leases are structured with fixed annual rental increases and minimal landlord obligations, offering a passive investment opportunity in a sought-after inner south location. However, given the shorter nature of the Leases in place, there is a potential for business owner-occupiers to also enquire. Key Features: - Total strata area: 228.8 sqm* - Currently Leased to Wilde & Woollard (185 sqm*) and Kingston Precision Dental Care (44 sqm*) - Gross passing income: $137,089 p.a.* - Net income: $95,854 p.a.* - 11 car spaces in total (5 undercroft, 6 on-grade) + balconies and storage - Zoning: CZ2 Business Zone under the Territory Plan 2023 - Close to retail amenity, public transport, and arterial roads - Excellent natural light and functional office fitout Positioned within a thriving commercial precinct and surrounded by cafes, supermarkets, and other essential services, these units offer long-term security with value-add potential through future reconfiguration, redevelopment or owner-occupation. For further details or to arrange an inspection, please contact the exclusive agents at Knight Frank Canberra.
Email enquiry to Knight Frank - Canberra
Property ID: 504918308
Original Property ID: 504918308