The Gallery, 40 Mort Street,
Braddon, ACT 2612

Braddon is located on the fringe of the CBD within five minutes walk to the retail core and city bus interchange. Braddon is a mixed use commercial suburb featuring an eclectic mix of retailers, office users, restaurants and light industrial users. The suburb has undergone a recent resurgence due to the increase in high density residential and commercial development in the area, in particular Mort Street.

This exciting new development housing mixed commercial and residential tenants has just been completed. The building has basement and undercroft car parking and a high quality tenant in place.

The building sits in an excellent location near the intersection of Mort and Elouera Streets with all the amenity of Braddon on your door step and a new Hotel directly across the road.

A level 1 unit of 383m2 is available for sale and has the following features:

* 9 secure car parks
* High quality tenant (Equity {Partners) on long term 5 year lease, expiring in 2023.
* Annual gross rent of approx $191,690 (inc 9 car parks)
* Annual outgoings approx $23,990
* Excellent outlook and frontage to Mort St.
* Great fitout in place, with lift and internal staircase access.
* Allowable uses include Medical, drink establishment, gym, office, restaurant, shop.

For sale for $2.3m

This is a fantastic opportunity to purchase a high quality unit with an excellent stable income stream in place.