Retail

Property ID: 440649

 

Retail Investment Available in Bruce, ACT

Ground Unit 55 1 Braybrooke Street, Bruce, ACT 2617

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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For Sale

Lachlan O'Sullivan