45 Ainslie Avenue, Braddon, ACT 2612

Offices

For Sale Contact agents for more information

  • Property ID: 383674
  • Floor Area: 1145m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the premises (FTTP)
SECURE BASEMENT PARKING OPERATED BY WILSON

Opportunities to secure CBD car parking investments in Canberra are rare and with recent growth in rental rates, this is an ideal time to capitalise on strong market conditions. Offered with a recognised national operator, Wilson Parking, this brand new complex is situated immediately adjacent to the Canberra Centre and boasts 333 residential apartments and 30 commercial premises within the precinct. This is a unique offering that provides immediate income security, growth potential through increasing occupancy, and an exit strategy to deliver a strong total return.

LOCATION
45 Ainslie Place, 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
Wilson Group Limited started in 1962 with a single car park in Perth. After more than 50 years, Wilson’s purpose is still the same. Wilson exists to create enduring value for their people, customers, and the communities in which they operate in. They have achieved this by expanding their business from parking to include security, health, and storage businesses across the Asia Pacific. Wilson Parking have more than 1,500 car-parking properties across Australia, New Zealand, Singapore, and Malaysia. The marketing leading group provide safe, clean, and technology-enabled parking for over a million people every day. Wilson's use of technology has led the industry with mobile apps and have provided customers with a state-of-the-art customer contact centre operating 24/7 including real time video and data streaming capabilities to assist customers.


INVESTMENT HIGHLIGHTS
-80 secure basement car spaces – an entry-level size investment to gain exposure to the Canberra CBD parking market
-Operated by Wilson Parking – recognised as one of the top 2 parking operators in Australia with a robust market-share position in Canberra
-Strong location adjacent to the Canberra Centre – located within close proximity to the major retail hub in Canberra as well as a number of large Commonwealth government office buildings in the CBD
-Growth potential – The current passing rent highlights the chance for income growth through improved occupancy rates as Canberra office workers return to the workplace

Braddon Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $358 ---
Retail --- $661 ---
Offices $4953 $515 10.40%
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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