Proximity, 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 6... or lachlan.o'sullivan@civium.com.au