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JLL - Canberra

66/10 Lonsdale Street Braddon, ACT 2612

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66/10 Lonsdale Street,
Braddon, ACT 2612

Medical & Consulting

Price information

Sale

EOI - Offers Closing 4pm 19th August

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JLL - Canberra
Mitch Frail

JLL - Canberra

Level 7, 121 Marcus Clarke Street
CITY, ACT 2601
JLL - Canberra
66/10 Lonsdale Street
Braddon, ACT 2612

Map of 66/10 Lonsdale Street

Directions
  • Tram stops within 5 km of 66/10 Lonsdale Street, Braddon, ACT 2612Distance
    Aldinga Street Station499 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 66/10 Lonsdale Street, Braddon, ACT 2612Distance
    Mort St Before Cooyong St112 m
    Mort St After Cooyong St172 m
    Northbourne Av Mantra200 m
    Fawkner St After Farrer St271 m
    Northbourne Av Canberra Centre Apartments339 m
    POWERED BY HERE ©
POWERED BY HERE ©

Nationally Tenanted Medical Centre Investment - CBD Location

  • Long Established Proven Medical Operator
  • CBD Location
  • No land tax payable
Burgess Rawson in conjunction with Jones Lang Lasalle are delighted to exclusively offer For Sale by Deadline Private Treaty this exceptional nationally tenanted medical investment at 66/10 Lonsdale Street, Braddon.

Braddon is to Canberra what Lygon and Chapel Street are to Melbourne. Braddon is a hub of popular retail outlets, a stream of new and exciting developments and an eclectic mix of Canberra's best restaurants and bars. There is over $1.48 billion being spent in new and approved projects in the immediate vicinity with the likes of The Canberra Raiders relocating their headquarters to now call Braddon Home.

The Arte development completed in 2015 was developed by the experienced Bonman, designed by the well established and industry respected Dezignteam and contains 57 residential units and 1,750 sqm of commercial / retail space.

Highlights include:
+ Proven medical operator with 20+ years experience
+ Ochre Health: 60+ centres nationally with 400+ doctors
+ Medical grade 213 sqm tenancy in ACT's core retail, office and hospitality precinct
+ Attractive 3% increases ensuring growth
+ No land tax payable

Lessee: Medilond Leasing Pty Ltd
Lease Term: 5 year lease
Lease Commencement: 1/06/2022
Lease Expiry: 31/05/2027
Increases: 3% Rent Reviews
Option: 1 x 5 year option to 2032

Net Income $109,000 pa + GST

For Sale by Deadline Private Treaty
Offers Closing 4pm 19th August
Indicative Price: Circa $2,180,000 (5% Net Yield)

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Additional information

Property ID: 504108703Last Updated: 11 Aug 2022

JLL - Canberra
Level 7, 121 Marcus Clarke Street
CITY, ACT 2601
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