27-29 East Row, City, ACT 2601

Positioned right in the high-exposure heart of the iconic Sydney Building, this premier commercial asset benefits from continuous foot traffic across both day and night trading hours. East Row serves as one of Canberra CBD's premier dining, hospitality, and entertainment strips. The property directly opposite the busy City Bus Interchange and just moments from the City Light Rail Terminus, ensuring maximum accessibility for patrons and staff alike. It within easy walking distance of the Canberra Centre, home to major retail anchor tenants and high volume pedestrian traffic.

This rare investment opportunity offers a highly attractive 7.2% net yield backed by a strong, long-term tenant secured through 2030, delivering reliable and immediate net cash flow in Canberra's most sought-after commercial hub.

Investment Overview:
• $2,040,000 reflecting a 7.2% net yeild
• Net Lettable Area (NLA): 380 sqm
• Tenant: Hey Show Karaoke
• Current Net Income: $146,775 pa + GST
• Lease Expiry: 31 March 2030
• Lease Option: 5-Year Option
• Outgoings Structure: 100% tenant-paid ($29,670 pa estimated total outgoings)

Outgoings:
Rates: $25,000 pa
Water Rates: $5,860 pa
Improvement Levy (CCMIL): $1,207 pa
Total Estimated Outgoings: $32,067 pa

Total Net Income: $146,775 pa plus GST 

Canberra, Australia's largest inland city with a growing population of over 484,000, provides a resilient, highly educated, and high-disposable-income demographic base. Its rare opportunity to sucre this property comes with the long term lease to an established tenant, providing immediate net returns of $146,775 pa plus GST.

For further information, to request a copy of the Information Memorandum, or to arrange an inspection, please contact the exclusive agent today.