Harrison Mix Used Development Tenancy
85/70 Nullarbor Ave, Harrison ACT 2914
Lease $400/ sqm+ GST+Outs / Sale $1,488,000 + GST
RetailSize: n/a
Block size: 6318 m² approx.UV: $4,675,000 (2023)
Opportunity To Purchase or Lease this brand new commercial tenancy a hub of Harrison. Situated on the ground floor of the prestigious Hudson Square development, this 248sqm tenancy offers an extraordinary opportunity for those seeking a restaurant space that stands out.
The owner has made significant investments to ensure that this space is restaurant-ready. Upgrades include new ducting, a state-of-the-art rangehood, a grease trap, and the added convenience of a disability-friendly toilet.
Tenancy with four dedicated basement car parks . On top of that, there are ample visitor parking spaces on-site, establishment.
Situated in the bustling heart of Harrison, Tenancy is surrounded by amenities that draw crowds. With Woolworths, an Asian grocer, gyms, takeaways, and coffee shops in close proximity.
Property Highlights:
• Total area of 248 sqm
• Ample Parking - 4 undercover car parks,
• Grease trap, Rage hood, Ducting already in place.
Permitted usage including:
• Non retail commercial use
• Restaurant
• Shop
Estimated Outgoings:
• Council Rates: $1944 pa
• Stata: $1,100.88
• Water rates: $760
Estimated net rental income in leased out: $99,200 pa
The owner has made significant investments to ensure that this space is restaurant-ready. Upgrades include new ducting, a state-of-the-art rangehood, a grease trap, and the added convenience of a disability-friendly toilet.
Tenancy with four dedicated basement car parks . On top of that, there are ample visitor parking spaces on-site, establishment.
Situated in the bustling heart of Harrison, Tenancy is surrounded by amenities that draw crowds. With Woolworths, an Asian grocer, gyms, takeaways, and coffee shops in close proximity.
Property Highlights:
• Total area of 248 sqm
• Ample Parking - 4 undercover car parks,
• Grease trap, Rage hood, Ducting already in place.
Permitted usage including:
• Non retail commercial use
• Restaurant
• Shop
Estimated Outgoings:
• Council Rates: $1944 pa
• Stata: $1,100.88
• Water rates: $760
Estimated net rental income in leased out: $99,200 pa
Inspections
No open inspections scheduled.
Send an enquiry
Contact Steven Shang to learn more about this property, request an inspection or take an online tour.
Key details
Garage Spaces:
4
Property type:
Retail
Block Size:
6318 m²*
Unimproved Value:
$4,675,000 (2023)
Other Details
Block:
2
Section:
95
Rates (Residential):
$20,922*
Rates (Commercial):
$202,388*
Rates (Rural):
$3,771*
Land Tax (Residential):
$42,882*
Legal description:
GUNG/HARR/95/2
*These are approximate values based on available information.
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Block information
Block 2 Section 95 Harrison
Block size: 6318m² (approx)
Unimproved value: $4,675,000 (2023)
Legal description: GUNG/HARR/95/2
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
Harrison SchoolPrimary School
0.5km
Burgmann Anglican SchoolHigh School
2.8km
Calvary Private HospitalHospital
7.8km
The MarketplaceMajor Shopping Centre
2.3km
University Of CanberraUniversity
7.1km
Gungahlin CollegeCollege
2.4km
Mitchell Post OfficePost Office
1.5km
Aust. Defence AcademyTafe
9.7km
Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
15 Apr 2016
Sold
$846,000
Contract: 14/09/2015
Transfer: 15/04/2016
Block size: 6319m²
Transfer type: Full transfer
Purpose: Multiple unit dwelling
Harrison suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian salesUnimproved value
Average Age
33 years
Population
8,244
Unimproved value for Harrison
$4,675,000
Listing ID: 182023507. This listing has been viewed 128 times. It was first displayed on 23/10/2023 and last updated on 23/02/2024.
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.