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Retail Details

 

Vital Statistics

Block Size: 4663.2 m2 (approx)
Retail Size: 1013 m2 (approx)
Unimproved Value: 2011 - $861,000

(UV is for entire block at 38 Gartside Street)

Past Sales & Property Information

Property Info: 9/38 Gartside Street
Street Info: Gartside Street
Suburb Info: Wanniassa
Postcode Info: 2903

Taxes

Stamp Duty (Concessional): $106,625
Stamp Duty: $106,625

Block Information

Block: 19, Section: 127

Block Map

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 ACTMAPi data, supplied by the ACT Planning & Land Authority. © ACT Gov. 2010.

Wanniassa Profile

Average age: 38 years
Houses: 89.5%
Townhouses: 3.3%
Flats & units: 7.1%
Other: 0.1%
Population: 7,933
     

9/38 Gartside Street, Wanniassa

$1,850,000

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.
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Agent Details

Raine & Horne Commercial Canberra

P: 02 6239 6888
F: 02 6239 6884
E: reception@rhccanberra.com.au

Level 1, 22 Giles Street Kingston ACT 2604
www.rhccanberra.com.au

Licensed Agent
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Map & Location Information

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What do I need to purchase this property?

Initial Requirements (assuming sale price of $1,850,000)

Stamp duty $106,625
Legal fees1 $1,500
Loan application fees2 $655
Minimum deposit (10%)2 $185,000
  Total initial payment:   $293,780

Monthly Repayments (assuming deposit of $185,000 and sale price of $1,850,000)2

Loan repayments on $1,665,000 borrowed at 6.95% over 30 years.

(Principal and Interest) Loan Repayment:   $11,021 per month

Notes

  1. 1Legal fees are estimated and will vary from firm to firm.
  2. 2Includes application fee, mortgage legals and valuation for standard residential ACT property. Additional Land Titles Office fees are applicable for the registration and transfer of mortgage. The calculation given above is an example estimate only and may not correspond with what is commercially available.

Listing Age and Views

This listing was first displayed on 24/1/12, last updated on 21/3/12, and has been viewed 408 times. Please note the counter is not updated immediately.

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