Share this property

Burgess Rawson Canberra Commercial - Dickson

U46 4738 Mort Street Braddon, U46 & 47, 38 Mort Street Braddon, ACT 2612

Directions

U46 4738 Mort Street Braddon, U46 & 47, 38 Mort Street,
Braddon, ACT 2612

Hotel & Leisure • Shop & Retail

Price information

Sold

$1,651,000

Key property information

Floor area

Car spaces

Parking info

Property extent

Zoning

Tenure type

Sold on

Burgess Rawson Canberra Commercial - Dickson
James Baker
Guy Randell

Burgess Rawson Canberra Commercial - Dickson

G03/19 Challis Street
DICKSON, ACT 2602
Burgess Rawson Canberra Commercial - Dickson
U46 4738 Mort Street Braddon, U46 & 47, 38 Mort Street
Braddon, ACT 2612

Map of U46 4738 Mort Street Braddon, U46 & 47, 38 Mort Street

Directions

Multi Award Winning Restaurant in Famous Precinct - Stamp Duty Free

  • Stamp Duty Free
  • Attractive 3.5% Increases
  • Popular Canberra CBD Location
Burgess Rawson are delighted to exclusively offer For Sale by Auction this exceptional investment leased to Blackfire Restaurant.

38 Mort Street is part of the Gallery Development in the ever popular retail and residential precinct of Braddon in Canberra's CBD.

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 head quarters to now call Braddon Home.

The Gallery was developed by Blackett Development Group, designed by the multi award winning National Architecture Firm, Cox Architecture, Built by CBS Commercial and contains 54 residential units and 2 ground floor commercial tenancies.

Highlights include:
Renowned restaurant in popular Canberra suburb
2 units of 61 sqm each for a combined total of 122 sqm
Stamp duty free
Attractive 3.5% increases ensuring growth
Excellent Tenant Paying Weekly - History of Payments
Managed by Burgess Rawson Canberra


Lessee: Fuego Nero Pty Ltd
Lease Term: 5 year lease
Lease Commencement: 1/02/2021
Lease Expiry: 31/01/2026
Increases: 3.5% Rent Reviews
Option: 1x 5 year option to 2031


Net Income $93,365 pa + GST

Explore property virtually

Video

Additional information

Property ID: 504021799Last Updated: 3 Jun 2022

Burgess Rawson Canberra Commercial - Dickson
G03/19 Challis Street
DICKSON, ACT 2602
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

More properties from Burgess Rawson Canberra Commercial - Dickson

Other properties you might be interested in based on the location and property type you are looking at.