FOR SALE
$1,500,000

74/2 Cape Street
Dickson ACT 2602

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 117m2
Land area: 6168.1m2
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A fantastic investment opportunity with popular Restaurant Alara's Turkish Pide Grill House as tenant! Rent is excluding GST

Positioned on Cape Street, surrounded by variety of residential buildings and steps away from light rails station and bus interchange, this commercial property offers spacious ground floor 117 sqm site + allocated 1 basement car spot with double shop frontage.
Currently leased to the popular restaurant Alara's Turkish Pide Grill House, to May 31st 2026 with a further (5) years option.
Rent return: $78,000/annum ( Excluding GST) with CPI increase review annually.
This is an excellent opportunity to enjoy the future developing benefits of Dickson! Don't miss out and Call or text Alex Wang 0402 169 387.
Features:
• Super location! close to the lightrail
• Huge amount of passing vehicle traffic and excellent street exposures
• Current tenant is a popular resturaunt
• plenty of on street parking
Particulars (all approx.)
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Property Details for 74/2 Cape St, Dickson

Building Type
Commercial
Floor Size
117m2
Land Size
6168.1m2

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About Dickson 2602

The size of Dickson is approximately 1.6 square kilometres. It has 4 parks covering nearly 19.5% of total area. The population of Dickson in 2011 was 2,138 people. By 2016 the population was 2,141 showing a population growth of 0.1% in the area during that time. The predominant age group in Dickson is 20-29 years. Households in Dickson are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dickson work in a professional occupation. In 2011, 50.7% of the homes in Dickson were owner-occupied compared with 46% in 2016.

Dickson has 2,788 properties. Over the last 5 years, Houses in Dickson have seen a 32.56% increase in median value, while Units have seen a 50.42% increase. As at 31 July 2024:

  • The median value for Houses in Dickson is $1,099,673 while the median value for Units is $587,377.
  • Houses have a median rent of $670 while Units have a median rent of $620.
There are currently 23 properties listed for sale, and 26 properties listed for rent in Dickson on OnTheHouse. According to CoreLogic's data, 123 properties were sold in the past 12 months in Dickson.

Suburb Insights for Dickson 2602

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Alex Wang
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Andrew Early
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Archer Canberra
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.