Generational Development Opportunity in one of ACT's most desired suburbs
Burgess Rawson are delighted to exclusively offer For Sale Via Expressions of Interest 32 Blamey Place Campbell.
This sensational free standing, single title building is being offered to the market for the first time in 40 years.
The opportunity exists for any developer or astute investor wishing to redevelop or reconfigure the 418 sqm site in this exceptional location or negotiate long term leases with the exception existing tenants who are all invested long term in the property with an essential services mix of Doctors, Pharmacy, Post Office, Hairdresser and Dry Cleaner.
Campbell is one of Canberra's oldest and most desired suburbs, home to families and couples of all ages. 32 Blamey Place sits in the heart of the suburb amongst Campbell shopping precinct on the main thoroughfare of Blamey Crescent and less than 3kms to Canberra's CBD.
Highlights:
+ Single Title, free standing building
+ 418 sqm site
+ 5 long standing unique tenants
+ development opportunity
+ ample public carparking
+ value add options
+ month to month lease terms
+ Doctors, Pharmacy, Dry Cleaner, Hairdresser & Post Office
+ Holding net Income: $39,750.56 pa + GST - (Well below market)
+ Potential net income: $170,000 - $240,000 pa + GST
Key Demographics:
- Median family income of $206,388 per annum, $85,280 above the national average.
- Population forecast to grow by 5.06% by 2027
For Sale Via Expressions of Interest closing 4pm 8th December 2022 - To express interest please submit here - https://www.cognitoforms.com/BurgessRawsonACT/expressionofinterestsale
For more information, please contact the exclusive listing agents Guy Randell and James Baker
Remember to mention you found this property on DevelopmentReady
