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9/38 Gartside Street
Wanniassa ACT 2903

 

$1,600,000

   
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PRICE REDUCTION Bar/Pool Hall/Restaurant/Retail Premises Ready For Operation

Whole of the first floor which is approximately 1013m2 is available for sale. This premises has a wide purpose clause and was recently trading as a pool hall, bar, and night club. There is a complete fit out in place comprising of bars, cool rooms, commercial kitchen, and nightclub with live music stage and dance floor. Complete with pool tables, bar fridges, beer lines and chairs and tables.
The premises has excellent natural light with glazing to front and side and has a very large covered wrap around balcony suitable for outdoor usage.

The premises are ready to occupy and operate and would suit a variety of retail businesses including restaurants, gymnasium, pub/tavern, etc.

Property Details

9/38 Gartside Street, Wanniassa
Property Type: Retail
Block Size: 1013.0 m2 (approx)
Unimproved Value: $818,000
Retail Size: 1013 m2 (approx)

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Past Sales & Property Information

Vital Statistics

Block: 19
Section: 127
Block Size: 1013.0 m2 (approx)
Retail Size: 1013 m2 (approx)
EER: 0.0
UV*: $818,000
Stamp Duty: $84,000
* (UV is for entire block at 38 Gartside Street)

Block Map

Block Map

Median Sale Price For Wanniassa

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NOTE
Always verify block details with the agent or vendor. These maps are generated by cross referencing with our spatial information database, but this does not mean they they will always correspond with the listed property. Measurements are estimates only.

Maps are produced from ACT Government data, supplied by the ACT Environment & Sustainable Development Directorate. © ACT Gov. 2013

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What do I need to purchase 9/38 Gartside Street, Wanniassa?

The following tables are based on the assumption of a sale price of $1,600,000, deposit of $80,000, and repaying both the principal and interest.
Initial Requirements
Stamp duty $84,000
Legal fees1 $1,500
Loan application fees2 $655
Minimum deposit (5%)2 $80,000
Total initial payment:   $166,155

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NOTE
  1. 1Legal fees are estimated and will vary from firm to firm.
  2. 2Includes estimated lender settlement fees, application fee and a valuation for a standard residential ACT property. Other fees and charges may apply. Additional Land Titles Office fees are applicable for the registration of mortgage and transfer of title. The calculation given above is an estimate only and the total purchase costs may vary.

Wanniassa Profile

 Houses: 90.2%
 Townhouses: 5.1%
 Flats & Units: 4.6%
 Other: 0.1%
Average age: 39 years
Population: 7,786

What's Nearby

Click here for more information about what's nearby to this property.
Distance to nearest:
Post Office: erindale post office - 0.3km
Major Shopping Centre: erindale shopping centre - 0.1km
Hospital: the canberra hospital - 6.6km
Primary School: wanniassa school junior campus - 0.6km
High School: wanniassa school senior campus - 1.8km
College: erindale college - 0.5km
University: australian national university - 14.1km
(approximate straight line distances)

Rent vs. Own

 Fully Own: 33.4%
 Purchasing: 42.7%
 Rent from Government: 10.2%
 Rent Private: 13.5%
 Other: 0.2%

Listing Age and Views

This listing was first displayed on 24/1/12, last updated on 9/7/14, and has been viewed 1143 times. Please note the counter is not updated immediately.
A view is added to the property view counter when a user loads this page. Property views do not include views of photos or maps associated with this listing.