Building Area: 7360 sqm
Fully leased to two tenants.
92% of income from Telstra with lease to 2017 + options.
Modern office & warehouse facility, built 2007.
Recent multimillion dollar Telstra upgrade.
Capacity to expand building (STCA).
Major tax depreciation benefits.
> Telstra Corporation Ltd
10 year lease from May 2007 + options
> Amtech Precision Engineering Pty Ltd
New 8 year lease from April 2012 + options (Occupied this address since 2007)
Total Net Income: $1,489,626pa + GST (As at May 2013)
For Sale by Private Treaty
Indicative Asking Price $14,000,000
Net Yield (10.6%, approx)
To find more such properties in Canberra North visit http://www.commercialproperty2sell.com.au/real-estate/act/canberra-north/
