Highly Visible Retail Location for Sale/Lease in Braddon
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54/40 Mort Street, Braddon ACT 2612

$800,000/$57,500

RetailSize: n/a
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.

Send an enquiry

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

Key details

Carport spaces:
2
Property type:
Retail
Block Size:
1533 *
Unimproved Value:
$5,800,000 (2022)

Other Details

Block:
8
Section:
20
Retail Size:
70 *
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.
BMR Commercial

Maps and area information

Land Details
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Block information
Block 8 Section 20 Braddon
Block size: 1533 (approx)
Unimproved value: $5,800,000 (2022)
Legal description: CANB/BRAD/20/8
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
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
0.7km
Campbell High SchoolHigh School
1.5km
Calvary Private HospitalHospital
4.6km
Canberra CentreMajor Shopping Centre
0.8km
Australian National UniversityUniversity
1.5km
Merici CollegeCollege
0.8km
Braddon Newsagency & Post OfficePost Office
0.1km
Aust. Defence AcademyTafe
3.3km

Property history

We couldn't find any history for this property.
See Braddon's suburb profile

Braddon suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian salesUnimproved value
Average Age
30 years
Population
6,383
Unimproved value for Braddon
$5,800,000
Listing ID: 181443620. This listing has been viewed 211 times. It was first displayed on 10/03/2023 and last updated on 05/01/2024.
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.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.