Braddon Retail & Office

25-29 Lonsdale Street,Braddon ACT 2612

$770,000-$770,000

RetailSize: n/a
Palko is located on Lonsdale Street in the heart of the Braddon retail precinct. It's surrounded with retail, dining and entertainment options, with the city only 400m away.
A key location on Lonsdale street, The development features striking architecture and contributes heavily to the ever evolving cafe and retail precinct on Lonsdale Street.
For the astute owner occupier or investor, this level 1 partially tenanted commercial property offers an unrivalled opportunity to invest into one of Canberra's most well-known food & retail precincts.
Commercial unit 29 has been split into two spaces of 70m2 & 73m2 approx. The front unit (facing Lonsdale Street) is currently occupied by a hairdressing business, and the remaining unit with an included exclusive balcony/seating area of 59m2 is offered as vacant possession.

The property benefits from a key location within the building 'Palko’ and is suitable for multiple uses;

Features;

• Available for sale 144m2 total area, (70m2 currently tenanted), Lease – 73m2 available
• Included balcony/outdoor seating area of 59m2 approx.
• Partially tenanted, 70m2 leased to hairdresser until 16th April 2023 with further options
• Current rental income of $37,260 + GST for partially tenanted space
• Property outgoings, Rates - $8,665.22 P.A, Levies - $4,204.64, Water - $641.60 p.a *Approx.
• Unit inclusions; 59m2 private seating/balcony area & 2 basement secure car parks
• Access to common area amenities
• Elevator/disability access available
• NBN Internet connection available (FTTN)
• Outgoings, Rates - $9,097.98 p.a, Levies - $4,635.60 p.a

For further information or to arrange an inspection please contact Brennan George – 0413 024 046

Inspections

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

Key Details

Property Type:Retail
Stamp Duty:$0
 
Civium Property Group - Commercial

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What's Nearby

Ainslie Primary School, AinsliePrimary School
0.7km
Campbell High School, CampbellHigh School
1.5km
Calvary Private HospitalHospital
4.7km
Canberra CentreMajor Shopping Centre
0.9km
Australian National UniversityUniversity
1.6km
Merici CollegeCollege
0.8km
Braddon Newsagency & Post OfficePost Office
0.2km

Braddon Suburb Information

 
 
Average Age
29 years
Population
4,556
Braddon Profile
Braddon Occupancy

Contact agents

Civium Property Group - Commercial

Civium Property Group - Commercial

Licensed Agent & REIACT Member
REIACT
View agency details
Brennan GeorgeCivium Property Group - Commercial
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This listing has been viewed 46 times. It was first displayed on 15/11/19 and last updated on 20/11/19.