Better Music is a wholly Australian owned music store successfully operating from two locations; 29-31 Colbee Court and 38 Botany Street, Phillip ACT. To better service their customers, the shops are consolidating their operation and relocating into a single 'superstore' in Salamander Court, leaving these two properties available for lease or sale.
38 Botany Street is a very well exposed property approx 100m from Hindmarsh Drive. The property is located adjacent to Phillip Market Place housing tenants such as Pizza Hut, Ali Baba, KFC, Independent Property Group, FSW Shoes, Subway, Wok it Up, Dan Murphy's and Salvos. Other neighbouring occupiers include TLC Cycles, Repco, Saddle World and Auto Pro.
The building is a single level Unit Titled development of 6 units with the subject property comprising Units 4, 5 and 6, the entire left hand side which have been opened up to form one single unit. There is a walk through arcade separating the unit from the other 3 units within the development which are occupied by TLC Cycles and the ACT Branch of the Australian Nursing Federation (ANF).
All 3 units each have separate ducted air conditioning, security bars on windows and share common toilets. The premises also have the added benefit of being north facing, thus having plenty of natural light coming through the wide shop front of approx 17m. The property also has excellent signage opportunities. The premises benefit from a rear car park (accessed via double doors) with a total of 10 designated spaces for Units 4, 5 and 6 on the Units Plan. The premises can be accessed via the shop front on Botany Street, the rear entrance from Grenville Court or the additional 2 entrances from the central arcade. It can therefore easily be split back to 3 separate units, giving the flexibility to sell / lease them individually.