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76 & 77, 17-21 Eastlake Parade, Kingston, ACT, 2604

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76 & 77, 17-21 Eastlake Parade, Kingston, ACT, 2604

76 & 77, 17-21 Eastlake Parade, Kingston, ACT, 2604

Properties / Buy / Australian Capital Territory / Kingston
Tenanted Investment

1. Property Summary

Selling Method
Expression of Interest
Selling Details
Offers over $2.85m
Land Area
3,159 m² (*approx)
Floor Area
265 m² (*approx)
Property Type
Retail, Other
Terms
5 year Net Lease to 14 August 2028
Est. Income
$176,000 p/a
Fully Leased
La Rustica
Car Spaces
2
Show All

2. Property Highlights

Rare Waterfront Investment Opportunity
  • Brand New Net Lease
  • Net Income $176,000 pa+GST*
  • Established, High Turnover Restaurant

Knight Frank Canberra are pleased to present to market Units 76 & 77, 17-21 Eastlake Parade, Kingston. Currently leased to La Rustica, this casual/fine-dining offering is one of the ACT's most widely recognised and well-loved Italian Restaurants.

Offering absolute waterfront dining, La Rustica sits on the Southern shores of Lake Burley Griffin in a bustling precinct of bars, eateries and cafes. Located only 4 kms from Capital Hill, the Canberra CBD and the Airport, it is an oft-frequented haunt of the business and political elite.

The property offers the following highlights for investors:

- 5 year Net Lease to 14 August 2028

- Five (5) further five (5) year options

- Fixed 4% annual rent increases

- 265 sqm with 67 sqm dedicated, undercover outdoor seating area on Title

- Two (2) allocated basement car spaces

- Part of one of Canberra's most exciting retail precincts

- Affluent main trade area, close to Parliament House, Defence Precinct and Airport

- Net income: $176,000 pa plus GST*

We are seeking offers over $2.85m.

If you would like further information, or to arrange an inspection, please do not hesitate to contact Nathan Dunn of Knight Frank Canberra.

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment

1. Property Summary

Property Type
Retail, Other
Est. Income
$176,000 p/a
Tenant
La Rustica
Terms
5 year Net Lease to 14 August 2028
Land Area
3,159 m² (*approx)
Floor Area
265 m² (*approx)
Car Spaces
2
Selling Method
Expression of Interest
DOCUMENTS AVAILABLE
Gain Access
Selling Details
Offers over $2.85m

2. Property Highlights

Rare Waterfront Investment Opportunity
  • Brand New Net Lease
  • Net Income $176,000 pa+GST*
  • Established, High Turnover Restaurant

Knight Frank Canberra are pleased to present to market Units 76 & 77, 17-21 Eastlake Parade, Kingston. Currently leased to La Rustica, this casual/fine-dining offering is one of the ACT's most widely recognised and well-loved Italian Restaurants.

Offering absolute waterfront dining, La Rustica sits on the Southern shores of Lake Burley Griffin in a bustling precinct of bars, eateries and cafes. Located only 4 kms from Capital Hill, the Canberra CBD and the Airport, it is an oft-frequented haunt of the business and political elite.

The property offers the following highlights for investors:

- 5 year Net Lease to 14 August 2028

- Five (5) further five (5) year options

- Fixed 4% annual rent increases

- 265 sqm with 67 sqm dedicated, undercover outdoor seating area on Title

- Two (2) allocated basement car spaces

- Part of one of Canberra's most exciting retail precincts

- Affluent main trade area, close to Parliament House, Defence Precinct and Airport

- Net income: $176,000 pa plus GST*

We are seeking offers over $2.85m.

If you would like further information, or to arrange an inspection, please do not hesitate to contact Nathan Dunn of Knight Frank Canberra.

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment
Nathan Dunn
Nathan Dunn
+61 *** *** *** show +61 488 216 406
Message
+61 488 216 406 Nathan.Dunn@au.knightfrank.com Message
Access Dataroom

Download Development Site Report

4. Property Location

76 & 77, 17-21 Eastlake Parade, Kingston, ACT, 2604

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76 & 77, 17-21 Eastlake Parade, Kingston, ACT, 2604 Kingston
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Knight Frank - Canberra
Knight Frank - Canberra
5, Constitution Avenue, Canberra, Australian Capital Territory, Australia, 2601
Nathan Dunn
Nathan Dunn
+61 *** *** *** show +61 488 216 406
Enquire
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