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Savills and LJ Hooker Commercial Canberra are proud to present 122 Alinga Street, Canberra City. This is a compelling opportunity to acquire a secure, fully leased retail investment in the heart of the CBD.
Located within the prominent Sydney Building, the property offers income stability underpinned by a diverse tenancy mix of well-established hospitality operators.
Key investment highlights:
• Fully leased retail investment generating over $800,000* net income per annum
• Tenants pay 100% of outgoings ($208,821* per annum)
• Weighted Average Lease Expiry (WALE) of 8.4* years
• Anchored by Fun Time Pony, One22, Bada Bing Dining Club and Al’s Diner, all with full make good obligations at lease expiry
• More than $2 million invested in recent capital upgrades - including new lift, electrical and mechanical systems
• 1,198sq m* Gross Floor Area across three levels
• Prominent corner position fronting Alinga Street, near the City light rail terminal
The property is being offered via Public Auction on Tuesday 27 May 2025 commencing from 10:30AM at AuctionWORKS, Mezzanine Level, 50 Margaret Street, Sydney.
For further information on this exclusive offering, or to arrange an inspection, please do not hesitate to contact the exclusive sales agents.
* Approx.
Remember to mention you found this property on CommercialReady
Savills and LJ Hooker Commercial Canberra are proud to present 122 Alinga Street, Canberra City. This is a compelling opportunity to acquire a secure, fully leased retail investment in the heart of the CBD.
Located within the prominent Sydney Building, the property offers income stability underpinned by a diverse tenancy mix of well-established hospitality operators.
Key investment highlights:
• Fully leased retail investment generating over $800,000* net income per annum
• Tenants pay 100% of outgoings ($208,821* per annum)
• Weighted Average Lease Expiry (WALE) of 8.4* years
• Anchored by Fun Time Pony, One22, Bada Bing Dining Club and Al’s Diner, all with full make good obligations at lease expiry
• More than $2 million invested in recent capital upgrades - including new lift, electrical and mechanical systems
• 1,198sq m* Gross Floor Area across three levels
• Prominent corner position fronting Alinga Street, near the City light rail terminal
The property is being offered via Public Auction on Tuesday 27 May 2025 commencing from 10:30AM at AuctionWORKS, Mezzanine Level, 50 Margaret Street, Sydney.
For further information on this exclusive offering, or to arrange an inspection, please do not hesitate to contact the exclusive sales agents.
* Approx.
Remember to mention you found this property on CommercialReady
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