38 Botany Street, Phillip, ACT 2606

Retail | Offices | Medical

Sold $1,600,000

  • Property ID: 187699
  • Floor Area: 421m²
  • NBN Availability: Not Currently Available
  • Nearby Parking: Private
  • Cafes: 4 nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 27/05/2013 421m2 N/A Contact Agent
Better Music is Relocating!

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.

Additional Information
Features
  • Car Spaces: 10
Phillip Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $250 ---
Offices $5083 $294 5.79%
Retail $5094 $317 6.23%
This is the average advertised price, rent and yield for Phillip, ACT 2606*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 38 Botany Street, Phillip, ACT 2606. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 38 Botany Street, Phillip, ACT 2606. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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