CBRE ACT are pleased to offer for sale Level One at The Gallery, a quality mixed use development in the highly sought after precinct of Braddon.
Braddon has become one of Canberra's most exclusive addresses when it comes to trend setting, location, fashion, dining and retail. The Gallery is no exception adding a premium offering to Mort Street.
The regular shaped 378sqm* office tenancy on level one offers an abundency of natural light and includes 8 on-site car parks.
The unit has been leased to a well renowned accountancy firm on a 5+5+5 year lease commencing January 2018. The agreed commencing gross rent is $162,540pa ($430/sqm) plus $24,000pa for the 8 car parks ($3,000/space), totalling $186,540pa +GST which will increase annually by 3%.
With future developments planned in Braddon, which will only increase the popularity of the area, this is a fantastic opportunity to secure a premium investment in a rapidly growing area of the city fringe and light rail route!
- First floor office investment in landmark building
- Leased to a single tenant
- 378sqm* + 8 car parks
- Lease commencement: January 2018
- Overlooking Mort Street on the City's doorstep and close to proposed light rail stop.
- Large number of cafes, bars and restaurants in the immediate vicinity
The property is for sale by negotiation. For further information or to arrange an inspection, please contact the exclusive sales agents of CBRE.