10 year lease to March 2023 + options to 2033.
100% leased to Australian head Franchisor of the world famous “Gold’s Gym’ operation.
Recently built in 2013 ultra modern building.
3 easily divisible floors and 14 onsite parking spaces.
Gungahlin – Canberra suburb with outstanding 20% + projected population growth to over 70,000 by 2021.
Located within busy town centre and surrounded by new construction of housing, Bunnings and cinema project.
Attractive 3.5% annual rental increases.
Excellent depreciation benefits.
Tenant pays all outgoings, as per lease.
Easily managed single tenant investment.
Net Income: $314,404 pa + GST.