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33 Mort Street, Braddon, ACT 2612

33 Mort Street, Braddon, ACT 2612

Retail Offices

  • Sold Contact Agent
  • Wed 12-Apr-17

Invest in Booming Braddon

  • Flexible 215m² ground floor unit
  • Fully leased investment
  • City fringe location

  • Floor Area
  • 215 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Partial
  • Last Updated
  • Apr 12, 2017
  • Return
  • 7.83% P.A.
  • Car Spaces
  • 4
  • Parking Comments
  • Basement car parking

Interested in this property? Contact an Agent today

Colliers International - Canberra

Ground Floor, 21-23 Marcus Clarke Street

City ACT 2601

Invest in Booming Braddon

This fully leased strata unit for sale is located in the heart of one of Canberra's most rapidly growing precincts, Braddon. Braddon is on the northern fringe of the Canberra CBD and is within close proximity to amenities including the Canberra Centre, City bus interchange and numerous office and residential developments.

Unit 12 is a ground floor strata unit located at the base of the Phoenix complex. The development was completed in late 2003 and features a mix of office (3 levels), restaurant and residential accommodation (142 apartments) with frontage to both Northbourne Avenue and Mort Street. Positioned on the Mort Street side of the building, this investment unit has high exposure to the passing traffic.

The property is fully leased to two tenants; restaurant operator Bollywood Cuisine who occupy the majority of the unit and International car rental company Thrifty. This investment generates an estimated net income of $117,393 and as at 1 October 2015 has a WALE of 3.67 years.

33 Mort Street, Braddon, ACT 2612

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