G12, 61-65 Cooyong St,
Braddon, ACT 2612
Shops & Retail
Key property information
Floor area
Car spaces
Tenure type
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Map of G12, 61-65 Cooyong St
Investment opportunity with 7.2% net return
Seize this rare opportunity to acquire a prime retail property in the heart of Braddon, situated within a renowned mixed-use development. This 69 sqm retail space boasts a remarkable 7.2% net yield, making it an exceptional investment for savvy buyers.
Property Highlights:
• High-Quality Tenant: Leased to a reputable spa massage service with a state-of-the-art fitout.
• Secure Investment: Current lease expiring May 2027 with 5 years options.
• Prime Location: Strategically positioned just across the street from Canberra's largest shopping centre, Canberra Centre, Located in a high-density living area, surrounded by a vibrant community of residents and businesses, enhancing the property's appeal and potential for growth.
5 year lease expiring May 2027 with further 5 years option.
Tenant pay 50% body corporate and 100% Council rate
Gross rent $67,273
Net Income: $64,757 pa exclusive of GST.
7.2% net return
Broad purpose clauses including Community Use, Indoor recreation, restaurant, shop and non-retail commercial.
This property offers the perfect blend of a solid investment with a premium location. Don't miss out on this unique chance to own a lucrative retail space in one of Canberra's most sought-after areas.
Property Highlights:
• High-Quality Tenant: Leased to a reputable spa massage service with a state-of-the-art fitout.
• Secure Investment: Current lease expiring May 2027 with 5 years options.
• Prime Location: Strategically positioned just across the street from Canberra's largest shopping centre, Canberra Centre, Located in a high-density living area, surrounded by a vibrant community of residents and businesses, enhancing the property's appeal and potential for growth.
5 year lease expiring May 2027 with further 5 years option.
Tenant pay 50% body corporate and 100% Council rate
Gross rent $67,273
Net Income: $64,757 pa exclusive of GST.
7.2% net return
Broad purpose clauses including Community Use, Indoor recreation, restaurant, shop and non-retail commercial.
This property offers the perfect blend of a solid investment with a premium location. Don't miss out on this unique chance to own a lucrative retail space in one of Canberra's most sought-after areas.
Additional information
External websites
Braddon, 2612 demographic data
The median household income for Braddon is $2,259, 5% lower than Australian Capital Territory's household income of $2,373. Braddon has a younger age profile compared to the rest of Australian Capital Territory (median age 30 vs 35). Property ownership data shows 69% of property owners in Braddon have a mortgage.
6,383
Population
$2,259 per week
Median household income
30 years
Median age
Renters
Most residents
Singles
Most households
04113744...
G12, 61-65 Cooyong St
Braddon, ACT 2612
RWC - CanberraLevel 1, 32 Lonsdale Street
BRADDON, ACT 2612
BRADDON, ACT 2612
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