QUALITY OFFICE INVESTMENT IN CENTRAL BRADDON
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24 Lonsdale Street, Braddon ACT 2612

By Negotiation

OfficeSize: n/a
Block size: 5012 m² approx.UV: $17,242,500 (2020)

CBRE ACT are pleased to offer for sale Units 122 & 126, Mode 3; a high quality mixed use development in central Lonsdale Street, Braddon.  

The two first floor units are combined to provide approximately 551sqm of office floor area and 20 secure basement car parks.

The units are 100% leased to a single tenant on a NET lease expiring in January 2023. Under the terms of the lease, the tenant 100% of the outgoings and a current net rent of $240,000 per annum +GST.

KEY FEATURES:

  • First floor office investment in landmark building
  • Two adjoining units leased to a single tenant
  • Total of 551sqm* + 20 basement car parks
  • Lease expiry: January 2023
  • Tenant pays 100% of outgoings
  • Current net income: $240,000pa +GST
  • Overlooking Lonsdale Street on the City's doorstep
  • Large number of cafes, bars & restaurants in the immediate vicinity
The units are for sale in-one-line by Private Treaty

For further information or to arrange an inspection, please contact the exclusive sales agents of CBRE.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Amit Paradkar to learn more about this property, request an inspection or take an online tour.

Key details

Property Type:Office
Block:22
Section:21
Block Size:5012 *
Unimproved Value:$17,242,500 (2020)
Rates (Residential):$97,036*
Rates (Commercial):$843,691*
Rates (Rural):$25,115*
Land Tax (Residential):$180,868*
*These are approximate values based on available information.
CBRE Canberra
  • Amit Paradkar

    CBRE Canberra

Maps and area information

Land Details
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Block information
Block 22 Section 21 Braddon
Block size: 5012 (approx)
Unimproved value: $17,242,500 (2020)
Legal description: CANB/BRAD/21/22/
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2021.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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Enrolment areas for ACT public schools.

What's nearby

Ainslie Primary SchoolPrimary School
0.6km
Campbell High SchoolHigh School
1.4km
Calvary Private HospitalHospital
4.7km
Canberra CentreMajor Shopping Centre
0.8km
Australian National UniversityUniversity
1.6km
Merici CollegeCollege
0.8km
Braddon Newsagency & Post OfficePost Office
0.1km
Aust. Defence AcademyTafe
3.2km

Property history
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You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
16 Apr 2019
Sold
LJ Hooker Gungahlin
$425,000
Contract: 16/04/2019
Listed: 28/11/2018
Days on market: 139
Transfer type: Full transfer
31 Oct 2018
Sold
Capital Commercial Business Sales
$379,000
Contract: 31/10/2018
Listed: 28/06/2018
Days on market: 125
Transfer type: Full transfer
19 Jul 2017
Sold
Philip Kouvelis Real Estate
$459,000
Contract: 19/07/2017
Listed: 07/04/2017
Days on market: 103
Transfer type: Full transfer
01 Jun 2017
Sold
Private Lister
$1
Contract: 01/06/2017
Listed: 24/02/2017
Days on market: 97
Block size: 5012m²
Transfer type: Full transfer
13 Apr 2016
Sold
McGrath Dickson
$475,000
Contract: 13/04/2016
Listed: 02/09/2015
Days on market: 224
Transfer type: Full transfer
24 Nov 2003
Sold
$6,800,000
Contract: 30/10/2003
Transfer: 24/11/2003
Block size: 1254m²
Transfer type: Full transfer
Purpose: Industry

Suburb and property insights

Median salesMedian salesUnimproved value for 24 Lonsdale StreetUnimproved value for 24 Lonsdale Street
Median Sale Price For Braddon
$538,000
Average Age
29 years
Population
5,500
Braddon's Property Profile
Braddon's Occupancy
Average Age
29 years
Population
5,500
Braddon's Property Profile
Braddon's Occupancy

Contact agents

CBRE Canberra

CBRE Canberra

Licensed Agent & REIACT Member
REIACT
View agency details
Amit ParadkarCBRE Canberra
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Listing ID: 173647432. This listing has been viewed 856 times. It was first displayed on 03/04/2017 and last updated on 09/01/2018.