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.

Inspections

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

Auction

Tuesday, 16 April
11:00am
Auction Location: On Site

Block map

Block Map

Key Details

Property Type:Retail, Retail
Block:22
Section:21
Unimproved Value:$15,675,000 (2018)

Map

Error loading maps. Please try again later.

What's Nearby

Ainslie Primary School, AinsliePrimary School
0.6km
Campbell High School, CampbellHigh 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

Braddon Suburb Information

 
 
Average Age
29 years
Population
4,556
Braddon Profile
Braddon Occupancy
Please send me information on 24 Lonsdale Street, Braddon ACT 2612
Only to be used for sending genuine email enquiries to the Agent. All Homes Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
This listing has been viewed 460 times. It was first displayed on 08/03/19 and last updated on 08/03/19.