Secure Tenanted Investment - Must Be Sold

24 Lonsdale Street,Braddon ACT 2612

Auction 16/04/19

RetailRetailSize: n/a
UV: $15,675,000 (2018)

The business was recently sold, so now the property must go. It's a very simple proposition: The six owners can't agree, so the market will decide. The intention is clear-sell at auction (if not before).

It is fully tenanted for 5 years with two 5-year options and an invigorated tenant paying an annual rent of $278,760 including GST.

- Total rates for the 3 properties for 2018/19: $22,892.86

- Total body corp fees for 3 properties: $21,911.40

The three units sold-137, 138, and 142 Mode 3 24 Lonsdale Street Braddon-are in a line. The successful business Debacle occupies the premises.

Auction details:

- Active asset GST will not apply.

- Settlement periods of 30, 60, and 90 days are offered.

- A 10% deposit at risk with part-deposits will be made on the day of the auction.

- Price guide $2.35 million+ if not sold prior.

- Inspections are offered on request.

- The auction takes place on Tuesday the 16th of April, at 11 a.m.


No open times scheduled. Contact Agent to arrange a viewing.


Tuesday, 16 April
Auction Location: On Site

Block map

Block Map

Key Details

Property Type:Retail, Retail
Unimproved Value:$15,675,000 (2018)


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What's Nearby

Ainslie Primary School, AinsliePrimary School
Campbell High School, CampbellHigh School
Calvary Private HospitalHospital
Canberra CentreMajor Shopping Centre
Australian National UniversityUniversity
Merici CollegeCollege
Braddon Newsagency & Post OfficePost Office

Braddon Suburb Information

Average Age
29 years
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Braddon Occupancy
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This listing has been viewed 460 times. It was first displayed on 08/03/19 and last updated on 08/03/19.