Highly Visible Retail Location for Sale/Lease in Braddon
54/40 Mort Street, Braddon ACT 2612
$800,000/$57,500
RetailSize: 70 m² (approx)
Block size: 1533 m² approx.Retail size: 70 m² approx.UV: $5,800,000 (2022)
This well positioned retail property is now available for sale or lease and is the perfect opportunity to set up your commercial business. Situated in a thriving mixed-use center, the property is ideally located to take advantage of the strong local customer base, as well as gain exposure to larger passing traffic.
This entry level retail property offers an impressive 70m2 of modern and vibrant commercial space, designed to ensure maximum comfort and functionality. It features a wide-open floor plan and comes with two dedicated car parks for easy access. It also has access to modern shared amenities so you can provide a comfortable work environment for your employees.
The property is in close proximity to a number of well-known retail stores, restaurants and local attractions, as well as easy access to major roads and public transport networks including the tram lines that run past on Northbourne Avenue. This makes it a great choice for businesses who want their business to be seen and easily accessed.
Offering a popular location and a simple layout, this is an ideal opportunity for investors or business owners looking to capitalize on an exciting new opportunity. Don't miss this chance to secure a premium retail property and make the most of the potential available. Schedule a viewing today! Asking price: $800,000.00 Asking Rental: $57,400.00 pa plus GST and including 2 parking spots * 2 car parks on title * Outgoings as provided by the vendors: Body Corporate Fees - $1,174.83 per qtr. or $4,699.32 per year ACT Rates - $1720.00 per qtr. or $6,880.00 per year Water - $175.56 per qtr. or $702.24 per year TOTAL Per Qtr. = $3, 070.39 or $12, 281.56 per year. Schedule a viewing today!
Inspections
No open inspections scheduled.
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Contact David Toner to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Retail
Block Size:
1533 m²*
Unimproved Value:
$5,800,000 (2022)
Other Details
Block:
8
Section:
20
Retail Size:
70 m²*
Rates (Residential):
$31,695*
Rates (Commercial):
$310,976*
Rates (Rural):
$5,449*
Land Tax (Residential):
$65,785*
Legal description:
CANB/BRAD/20/8
*These are approximate values based on available information.
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Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
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