Unit 23/1 Elouera Street,
Braddon, ACT 2612
Shops & Retail • Medical & Consulting • Offices
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Map of Unit 23/1 Elouera Street
5+5 Year Net Lease with 4% Increases
- Premium Mixed-Use Development
- Onsite Hotel & Public Carpark
- Net Income: $45,000 +GST
Belle Property Commercial Canberra are pleased to offer for sale Unit 23, Midnight, Braddon which is located within the prominent Braddon’s gateway adjacent to the Elouera Street light rail stop.
Recently completed by Geocon, a Canberra based property development, construction and hotel management company focused on delivering high profile mixed-use projects across Canberra, Midnight has transformed the Northbourne Avenue corridor by incorporating 230 high‑quality residential apartments, 199 5-star hotel rooms (operated by Marriott), 1,500sqm of boutique ground and lower ground floor commercial space and 137 public car parks. The project interacts with the new light rail facility enhancing pedestrian connectivity and is the most exciting mixed-use development in Canberra to-date.
The 23 ground and lower ground floor commercial units comprise a range of boutique style commercial tenancies ranging from 40sqm to 130sqm with some having external frontage onto Mort Street and Northbourne Avenue and others facing into an internal atrium linked to the hotel lobby. Committed occupiers include Boy + Co Barber Studio, Geodetica, AJ Hair & Bridal, Forcefield Services, Ace Dental Care, The Midnight Bar and the Braddon Merchant Restaurant.
Unit 23 is a 63sqm ground floor commercial tenancy located within the open-air internal atrium directly adjacent to the hotel lobby and communal toilets. The property comes with a 14sqm secure basement carpark and a 7sqm storage cage on title. The property is leased on the following terms:
• Tenant: Amanda Heath (trading as AJ Hair & Bridal)
• Lease Commencement: 1 March 2020
• Lease Term: 5 + 5 years
• Outgoings: Tenant Pays 100% (capped at 20% of the rent)
• Net Annual Income: $45,000 +GST
• Annual Increases: Fixed at 4%pa
• Security: 3-month bank guarantee + personal guarantee
Belle Property Commercial Canberra are offering the property for sale by Expressions of Interest closing 4pm, Thursday 22nd October 2020. For further information or to arrange an inspection, please contact the exclusive agent, Mark Nicholls of Belle Property Commercial Canberra.
Recently completed by Geocon, a Canberra based property development, construction and hotel management company focused on delivering high profile mixed-use projects across Canberra, Midnight has transformed the Northbourne Avenue corridor by incorporating 230 high‑quality residential apartments, 199 5-star hotel rooms (operated by Marriott), 1,500sqm of boutique ground and lower ground floor commercial space and 137 public car parks. The project interacts with the new light rail facility enhancing pedestrian connectivity and is the most exciting mixed-use development in Canberra to-date.
The 23 ground and lower ground floor commercial units comprise a range of boutique style commercial tenancies ranging from 40sqm to 130sqm with some having external frontage onto Mort Street and Northbourne Avenue and others facing into an internal atrium linked to the hotel lobby. Committed occupiers include Boy + Co Barber Studio, Geodetica, AJ Hair & Bridal, Forcefield Services, Ace Dental Care, The Midnight Bar and the Braddon Merchant Restaurant.
Unit 23 is a 63sqm ground floor commercial tenancy located within the open-air internal atrium directly adjacent to the hotel lobby and communal toilets. The property comes with a 14sqm secure basement carpark and a 7sqm storage cage on title. The property is leased on the following terms:
• Tenant: Amanda Heath (trading as AJ Hair & Bridal)
• Lease Commencement: 1 March 2020
• Lease Term: 5 + 5 years
• Outgoings: Tenant Pays 100% (capped at 20% of the rent)
• Net Annual Income: $45,000 +GST
• Annual Increases: Fixed at 4%pa
• Security: 3-month bank guarantee + personal guarantee
Belle Property Commercial Canberra are offering the property for sale by Expressions of Interest closing 4pm, Thursday 22nd October 2020. For further information or to arrange an inspection, please contact the exclusive agent, Mark Nicholls of Belle Property Commercial Canberra.
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Property ID: 503664494Last Updated: 27 Apr 2023
Belle Property Commercial Canberra - KINGSTON
26/10 Trevillian QuayKINGSTON, ACT 2604
0488 216 4...
Unit 23/1 Elouera Street
Braddon, ACT 2612
Belle Property Commercial Canberra - KINGSTON26/10 Trevillian Quay
KINGSTON, ACT 2604
KINGSTON, ACT 2604
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