Level 1, 45 Ainslie Avenue, Braddon, ACT 2612

Offices

For Sale Contact CBRE for more information

  • Property ID: 383673
  • Floor Area: 632m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the premises (FTTP)
LONG LEASE IN PLACE TO A WELL-KNOWN CANBERRA PROPERTY COMPANY

Available for sale in one line are six separate unit's titles totaling 632sqm* of office space located of level 1 of 45 Ainslie Place, Braddon. The units are occupied by one of Canberra's leading developers and will be offered as a leased investment with a brand new 7-year lease in place to JWLAND.

LOCATION
45 Ainslie Avenue, Braddon is located in the exciting new inner-city precinct of Founders Lane on the door stop of the CBD. This perfectly desired location is a stone's throw away from the Canberra Centre and the heart of the CBD. Just a quick walk north is the bustling precinct of Lonsdale Street which offers an abundance of eatery options with some of the highest regarded bars, cafes and restaurants Canberra has to offer.
The proximity to Canberra's large Commonwealth Government office buildings has ensured that Braddon has and will continue to be, a highly sought-after location for commercial tenants.

LEASE COVENANT
JWLAND is an Australian property development company, headquartered in Canberra, ACT and is a significant participant in the residential property industry with arguably one of Canberra's biggest residential development pipelines.

INVESTMENT HIGHLIGHTS
-Strong lease covenant
-7 year WALE
-17 basement car parks held on title
-3.5% fixed year increases throughout the lease
-Net income: $273,060.99* Pa plus GST
-Located in tightly held commercial office market of Braddon
-High quality fitout in place

For more information on this exciting opportunity please reach out to the exclusive sales agents at CBRE.

Approx*

Braddon Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $661 ---
Offices $4953 $515 10.40%
Industrial --- $358 ---
This is the average advertised price, rent and yield for Braddon, ACT 2612*
* 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™.
  • 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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