122 Alinga St, Canberra City, ACT 2601 | Commercial for sale | OnTheHouse
 
FOR SALE
On Market for Sale at $12,000,000

122 Alinga Street
Canberra City ACT 2601

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1198m2
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Core Canberra CDB Long Term Leased Investment Asset

Savills and LJ Hooker Commercial Canberra are proud to present 122 Alinga Street, Canberra City. This is a compelling opportunity to acquire a secure, fully leased retail investment in the heart of the CBD.
Located within the prominent Sydney Building, the property offers income stability underpinned by a diverse tenancy mix of well-established hospitality operators.
Key investment highlights:
• Fully leased retail investment generating over $824,764* net income per annum
• Tenants pay 100% of outgoings ($208,821* per annum)
• Weighted Average Lease Expiry (WALE) of 8.24* years
• Anchored by Fun Time Pony, One22, Bada Bing Dining Club and Al’s Diner, all with full make good obligations at lease expiry
• More than $5 million invested in recent capital upgrades - including new lift, electrical and mechanical systems
• 1,198 sqm* Gross Floor Area across three levels
• Prominent corner position fronting Alinga Street, near the City light rail terminal
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Property Details for 122 Alinga St, Canberra City

Building Type
Commercial
Floor Size
1198m2
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Greg Lyons
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LJ Hooker Commercial Canberra
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