Sold
Retail

83 Theodore Street Curtin, ACT 2605

Sold for $1,675,000 on 28 Nov 2022
  • Building: 200m²
  • Land: 1,037m²
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Retail in Curtin

Unprecedented Opportunity In Curtin

  • Building: 200m²
  • Land: 1,037m²

This is a truly unique opportunity to secure a separate title commercial property in a prominent position on one of the main streets of Curtin that has never previously been offered for sale.

Currently tenanted until 30 September 2023 with a 2 year option to extend, the property is home to one of Canberra's most popular award winning restaurants and has been home to many other successful Canberra businesses throughout it's long history.

  • 1,037 sqm* land area and 280 sqm* building area under roof line, 200 sqm floor area.
  • Current purpose clause allows restaurant and retail
  • CZ4: Local Centre Zoning allowing a broader range of uses including residential (subject to crown lease variation)
  • Leased to well established tenant until 30 September 2023 + 2 year option
  • Current net income circa $44,142.43 pa plus GST providing strong rent growth prospects in the future

Rich in history, this was the first building constructed and occupied in the suburb of Curtin, acting as the land sales office for the NCDC. Don't miss your opportunity to purchase part of Canberra's history to create part of Canberra's future.

Inspections of the property can be conducted every Wednesday between 3pm-3:45pm commencing Wednesday 12th October 2022.

*Approximate

Building:

200m²

Land:

1,037m² / 0.26 acres

Zone:

CZ4: Local Centre

Tenancy:

Tenanted

83 Theodore Street, Curtin, ACT 2605