5 Tennant Street, Fyshwick, ACT 2609

  • 4049 sqm
  • 115

For sale

Expression of Interest closing Thu 23 Apr

CANBERRA'S #1 INVESTMENT OPPORTUNITY

5 Tennant Street is the epitome of the “perfect ACT investment”, with a highly sought-after covenant being the Commonwealth of Australia, occupying 79% of the building. This is an ideal opportunity for the astute investor to acquire a secure, passive investment and unlock the benefits from day one.

Raine & Horne Commercial Canberra have the privilege to offer 5 Tennant Street, Fyshwick ACT for sale.


• Estimate Net Income: $1,107,485 p.a ex. GST^

• Fully Leased with a 6.8* year WALE^ by income, featuring 3 – 3.5% annual rent reviews

• 79% occupied by the Commonwealth of Australia being AAA rated

• Modern and attractive building, with 4,049sqm* NLA across 2 levels of office serviced by a lift

• Secure under croft car park, with 115 allocated bays

• Excellent historical leasing performance

• Built in 2007 providing potential depreciation benefits

• Highly efficient and flexible floor plates of 2,100sqm* with great natural light

• 4.0 start NABERS Energy Rating

^As at 1 May 2020

*Approx.


Parties interested in acquiring this key asset are invited to lodge an Expressions of Interest (EOI) by 4pm on Thursday, 23 April 2020.


Please contact the selling agents to receive a detailed IM and access to the data room, or to arrange an inspection of the property.

Property Info:
  • Property ID: L1490213
  • Property Type: Retail
  • Building / Floor Area: 4049 sqm
  • Car Spaces: 115
  • Land Area: 4703.0 sqm