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Tenanted Investment - Passing NET Income $31,448pa +GST

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12 Rivett Place is a single title block located within the busy Rivett local shopping centre in the district of Weston Creek. The property directly abuts the pavement and sits adjacent to the popular Pitch Black Café and Kids Club Early Childhood Early Learning Centre. Also in close proximity is Rivett SPAR (grocery store and bottle shop), J&R Bakery and Rivett Post Office and Newsagency. Burrangiri Aged Care Respite Centre, Safe Wheelz Driving School and Reformed Church of Canberra.

The property is rectangular in shape and comprises an awning to the front and an enclosed courtyard to the rear which is used for storage and accessed via arear sliding door. The property is currently occupied by a massage clinic which comprises a reception area, three treatment rooms, two toilets and a kitchenette.

The property is leased to Body Balancing Therapies; a Canberra-based holistic massage therapy practice specialising in sports massage, remedial massage, lymphatic drainage, therapeutic and relaxation massages for those dealing with short and long-term muscular related problems. The lease expires on 31st October 2025 and the current annual NET income is $31,448pa +GST.

Approximate Areas:

- Block Area: 133sqm
- Building NLA: 74sqm
- Rear Courtyard: 31sqm

Belle Property Commercial Canberra are offering the property for sale by negotiation. For further information or to arrange an inspection, please contact the exclusive agent, Mark Nicholls of Belle Property Commercial Canberra.

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26/10 Trevillian Quay, Kingston ACT 2604

Property information

Property ID
a0Q2u000008MEp7EAG
Property Type
Commercial
Type
For Sale
Category
Land/Development
Available Documents

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