8/236 Cowlishaw Street

Greenway ACT 2900

SECURE NATIONAL TENANT, DUAL PURPOSE USE, FUTURE FLEXIBILTY
THESE EXCITING INVESTMENT PROPERTIES OFFER THE DISCERNING INVESTOR A HIGH LEVEL OF SECURITY AND FLEXIBILITY AS IT HAS BEEN HOME TO THE CURRENT BUSINESS USE FOR ALMOST 20 YEARS. ON OFFER HERE ARE TWO INTER-CONNECTED STRATA UNITS THAT ENJOY THE FLEXIBILITY OF ALLOWING BOTH RESIDENTIAL AND COMMERCIAL USE AND ARE SECURED ON A NEW 5 YEAR LEASE.THE SUBJECT PREMISES ARE LOCATED ON THE TOP FLOOR OF A BUILDING KNOWN AS LAKEVIEW HOUSE, AND ARE STRATEGICALLY LOCATED WITHIN THE HEART OF THE TUGGERANONG TOWN CENTRE, ALMOST MID-POINT BETWEEN THE TUGGERANONG HYPERDOME COMPLEX AND LAKE TUGGERANONG. THIS LOCATION IS NESTLED IN-AMONGST THE SURROUNDING COMMERCIAL, RETAIL AND SOCIAL PRECINCT AND ARE CONSEQUENTLY SERVICED BY EXCELLENT LEVELS OF PUBLIC TRANSPORT, AND ON-GRADE PUBLIC CAR-PARKING.THE PREMISES THEMSELVES COMPRISE OF APPROX 185SQM OF AREA THAT HAS BEEN FITTED-OUT TO MEET THE EXACTING REQUIREMENTS OF A STATE-OF-THE-ART ORTHODONTIC PRACTICE. IN KEEPING WITH THE ABILITY FOR BOTH UNITS (8 & 9) BEING ABLE TO BE USED FOR EITHER COMMERCIAL, AND/OR RESIDENTIAL USE (OR, A MIXTURE OF BOTH), EACH HAS ITS OWN DEDICATED ENTRANCE, LARGE WINDOWS TO FRONT AND REAR AND AN EXCEPTIONAL SIZED BALCONY FACILITY WITH EXCELLENT VIEWS TO THE EAST OVER LAKE TUGGERANONG. EACH UNIT ALSO COMES WITH A DEDICATED LOCK-UP GARAGE FACILITY LOCATED ON-SITE.AT PRESENT THESE SECOND (2ND) FLOOR PREMISES COME SERVICED BY A CENTRALISED LIFT FACILITY AND ARE FITTED-OUT, WITH A FORMAL RECEPTION AREA-AND AN INTEGRATED ADMINISTRATION AREA, 4 DENTAL SURGERY ROOMS, A SEPARATE KITCHEN AND STAFF ROOM, AS WELL AS ADDITIONAL PROFESSIONAL OFFICES, MALE AND FEMALE TOILETS, ETC, AND HAVE AS STANDARD THROUGHOUT PLASTERBOARD CEILINGS, A MIXTURE OF FLUORESCENT AND RECESSED LIGHTING, AND FLOOR AND WINDOW COVERINGS. THEREFORE, AN INVESTOR/OWNER COULD IN THE FUTURE (DEPENDING UPON CIRCUMSTANCE) AND DEPENDING UPON WHAT THE MARKET MIGHT BE SUGGESTING (AT THE TIME) IS THE BETTER OPTION, CHOOSE TO CONTINUE LEASING THE SUBJECT PREMISES AS A COMMERCIAL OFFERING, OR ALTERNATELY REFURBISH AND OFFER THE PREMISES AS ONE (1), OR TWO (2) SEPARATE RESIDENTIAL APARTMENTS, OR ALTERNATELY HAVE ONE OF EACH. THE SUBJECT PROPERTIES ENJOY THE FOLLOWING ZONING CZ1 - CORE ZONE.