4/114 Emu BankBelconnen ACT 2617
Property Details for 4/114 Emu Bank, Belconnen
Last Listing description (August 2025)
Unit 4, The Boardwalk, 114 Emu Bank, Belconnen ACT
121sqm | Tenanted Investment | Net Income: $46,741.66 p.a.
An exceptional opportunity to acquire a high-performing waterfront investment in one of Canberra's most vibrant hospitality and commercial precincts.
Positioned on the iconic Boardwalk at Lake Ginninderra, Unit 4 at 114 Emu Bank is a 121sqm strata-titled restaurant tenancy, securely leased to a well-established long-term hospitality operator. The location is a popular destination for dining, walking, and lakeside recreation, surrounded by high-density residential developments, the University of Canberra, and the Belconnen Town Centre.
Investment Highlights:
Tenancy Area: 121 sqm
Lease Term: Until 28 March 2029 with a 5-year option
Annual Rent Reviews: Fixed 3% increases
Tenant: Long-standing restaurant operator
Base Rent: $68,910.09 p.a.
Outgoings Recoverable from Tenant: $3,965.00 p.a.
Estimated FY26 Outgoings:
Strata Levies: $16,606.76
Council Rates: $8,666.00
Water Rates: $860.68
Net Income: $46,741.66 p.a.
Location Benefits:
Prime waterfront position with lake views
Surrounded by thriving food and beverage operators
Steps from Westfield Belconnen, government offices & educational institutions
High pedestrian traffic and year-round destination appeal
This is a rare chance to secure a low-maintenance, income-generating asset in a tightly held, high-demand location. Ideal for investors seeking long-term passive income backed by a stable tenant.
Contact us today for the Information Memorandum or to arrange a private inspection.
Property History for 4/114 Emu Bank, Belconnen, ACT 2617
- 21 Aug 2025Sold for $730,000
- 04 Jul 2025Listed for Sale $750,000
- 07 Jan 2019Listed for Rent - Price not available
Recent sales nearby
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About Belconnen 2617
The size of Belconnen is approximately 4.4 square kilometres. It has 6 parks covering nearly 26.3% of total area. The population of Belconnen in 2016 was 6657 people. By 2021 the population was 8502 showing a population growth of 27.7% in the area during that time. The predominant age group in Belconnen is 20-29 years. Households in Belconnen are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Belconnen work in a professional occupation.In 2021, 32.50% of the homes in Belconnen were owner-occupied compared with 29.20% in 2016.
Belconnen has 6,080 properties. Over the last 5 years, Houses in Belconnen have seen a 17.75% increase in median value, while Units have seen a 26.05% increase. As at 31 October 2025:
- The median value for Houses in Belconnen is $510,868 while the median value for Units is $495,947.
- Houses have a median rent of $550 while Units have a median rent of $560.
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