Tenanted Investment in Growth Area
- 5-year lease with options to 2032
- High-quality tenant
- Rare suburban opportunity
Set in a thriving established suburb of Spence in Canberra’s North, surrounded by quality retailers consisting of pharmacy, butcher, hairdressers, bakery and a 7-Eleven Petrol Station. This unique tenanted investment presents a rare opportunity, going to market for the first time in 38 years!
The Spence Grocer is a recently refurbished supermarket with 30 years of experience in the trade featuring a vibrant café with a sought-after following.
- 539m2 floor area
- Prime location
- Café with internal seating
- Rear warehouse
- Office area
- Mezzanine storage
- Grease trap
All prices are indicative plus GST (if any).Tenure
($125,918.43 p.a. + GST NET) RENTAL INCREASES NA for first 2 years. then 3.5% p.a. with market rent review at optionBuilding Area 539 m²