The Boardwalk, 114 Emu Bank, Belconnen, ACT 2617

Sitting on the edge of Lake Ginninderra, The Boardwalk is a popular destination in Belconnen; featuring a range of businesses from health & fitness, retail, and hospitality. The property benefits from a beautiful outlook over the Lake, which is perfectly captured by the open deck that wraps around the entire complex.

 Unit 11 offers a unique investment opportunity in this popular precinct. For sale is a retail commercial unit and a leased public car park of 70 bays.

The retail unit is currently tenanted by a function business, offering a total space of 198sqm, split into a 129sqm ground floor, 32sqm mezzanine, and an additional 37sqm of outdoor rotunda.

The basement car park is leased to Wilson Parking for a term of 3 years.

Key Features:
• No stamp-duty payable on the sale
• Going concern sale – no GST payable
• Unit size – 198sqm
* 70 basement car parks
• Annual gross income – c. $179,391 plus GST p.a.
• Annual net rent - $79,708
• Lease expiry for commercial unit and car park in August 2028 
• 4% annual reviews with 5-year option available
• Corner unit in the development, offering unrivalled views of Lake Ginninderra

Unit 11 is offered for sale by Private Treaty, for more information or to arrange an inspection please get in touch with the exclusive agent, Andrew Smith.