Ground Unit 55 1 Braybrooke Street, Bruce, ACT 2617

Retail

For Sale

  • Property ID: 440649
  • Floor Area: 73m²
  • Occupancy: Vacant
Retail Investment Available in Bruce, ACT

Have you been thinking of purchasing an investment residential or commercial property? Don't miss this opportunity to secure a strong commercial investment with elevated returns vs a residential unit in the same price bracket.
Proximity is a well established mixed use development located on the corner of Braybrooke Street & Battye Street, closely located to GIO Stadium, the Australian Institute of Sport, and only 5 minutes drive from Belconnen CBD.
The Unit is located on the ground floor of a four-story apartment building which is well anchored with a mix of retailers based in hospitality and personal services. The site includes ample free parking and is located nearby to public transport.
Unit 55, is leased by a successful hair salon 'Miss Arlo'.
• Miss Arlo has just commenced their second year of a 3 year lease with a further 3 year option
• Lease commenced February 2023
• Glass shop front, and high-end modern salon fit-out
• Four styling chairs, kitchenette, reception, waiting area, laundry and large bathroom
• Rental income $31,050 + GST
• Outgoings; Rates - $4,080, Levies - $3,833, Water & Sewerage - $426 (covered by the tenant)
• Net rent - $23,136.63 + GST
For more information please contact Lachie O'Sullivan on 0435 088 655 or lachlan.o'sullivan@civium.com.au
Tenanted Investment
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Bruce Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $360 ---
Retail --- $347 ---
Offices --- $301 ---
This is the average advertised price, rent and yield for Bruce, ACT 2617*
* 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:

  • 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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