Proximity, Unit 57, 1 Braybrooke Street,
Bruce, ACT 2617

Have you been thinking of purchasing a 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 57, is leased by a successful Skincare and Beauty business 'The Skyn Lounge'.

• The Skyn Lounge is on a 3 year lease with options
• Lease commenced February 2022
• Glass shop front, and modern beauty fit-out throughout with large reception area
• Three treatment rooms, kitchenette, and large bathroom/laundry
• Rental income $26,000 + GST with a sizeable CPI/Market review annual increases to come
• Outgoings; Rates - $3,119, Levies - $3,407 (recoverable from the tenant), Water & Sewerage - $650
• Tenant to pay increases in outgoings

For more information please contact Lachie O'Sullivan on 0435 088 6... or lachlan.o'sullivan@civium.com.au