1 / 14

FOR SALE OR LEASE

109/227-229 Flemington Road FRANKLIN, ACT 2913

For Sale & Lease
Offices
Shops & Retail
Land area
7983
Parking
2 underground carparks on-site with remote access
Car Icon2

Rare opportunity to Invest or Occupy on light rail corridor

  • Suits owner occupier, investor or tenant
  • Highly visible location
  • 2 car parks on title

Burgess Rawson as exclusive agents are pleased to present to the market for Sale or Lease, 109/227-229 Flemington Road, Franklin.

This highly visible retail tenancy in the Aamira Development is currently leased to 'Cookies Cycles' until August 2024, presenting an attractive opportunity for an owner occupier, investor or tenant looking to either establish their business, or re-lease on attractive terms.

Aamira Apartments is a diverse project featuring 105 roomy apartments and 5 commercial spaces spread across four levels, complemented by an underground parking facility. Amenities include a gym, tennis court, and expansive landscaped spaces for both residents and commercial occupants to enjoy. Situated along the Flemington Road light rail corridor, the project is strategically positioned in the sought-after suburb of Franklin

Lease Highlights:
- 130sqm with 2 underground car parks
- Flemington Road Exposure (main arterial road from CBD to Gungahlin region and town centre)
- 12 mins to Canberra's CBD
- Situated on light rail corridor
- Large shopfront with great signage opportunity

Asking Rent: $59,950 pa + GST

Purchase Highlights:
- Stamp Duty Free
- Ability to purchase as a going concern
- Close to prominent retailers such as Woolworths and BWS
- Dual Access
- Estimated market rental income $59,950 pa + GST

- Current Net income: $49,397.49 pa + GST

Indicative Sale Guide: $800,000


Share property via

Private inspections

Information about this Office

  • Listed on
  • Last updated
  • Property typeOffices
  • Block size7983m² (approx)
  • Land / Dev PurposeMixed Use Zone (CZ5)
  • ZoningCZ5: Mixed Use
  • Property ExtentPartial
  • Parking spaces
    2
    2 underground carparks on-site with remote access
  • Stamp dutyA$23,970
* Figures quoted above are approximate values based on available information.

Need to know more?

Flemington Road

Street Profile
Chevron Right Icon

Franklin

Suburb Profile
Chevron Right Icon

Gungahlin

Region Profile
Chevron Right Icon