25-29 Lonsdale Street, BRADDON ACT 2612

Braddon Retail & Office

25-29 Lonsdale Street, BRADDON ACT 2612

Palko / Nibu is located on Lonsdale Street in the heart of the Braddon retail precinct. It’s surrounded with retail, dining and entertainment options, with the city only 400m away.
A key location on Lonsdale street, The development features striking architecture and contributes heavily to the ever evolving cafe and retail precinct on Lonsdale Street.
&#xD&#xD For the astute owner occupier or investor, this level 1 partially tenanted commercial property offers an unrivalled opportunity to invest into one of Canberra’s most well-known food & retail precincts.

Commercial unit 29 has been split into two spaces of 70m2 & 73m2 approx. The front unit (facing Lonsdale Street) is currently occupied by a beautician business, and the remaining unit with an included exclusive balcony/seating area of 59m2 is offered as vacant possession.

The property benefits from a key location within the building ‘Palko’ and is suitable for multiple uses;
Features include;

• Available for sale 144m2 total area, (70m2 currently tenanted), Lease – 73m2 available
• Included balcony/outdoor seating area of 59m2 approx.
• Partially tenanted, 70m2 leased to hairdresser until 16th April 2023 with further options
• Current rental income of $37,260 + GST for partially tenanted space
• Property outgoings, Rates – $8,665.22 P.A, Levies – $4,204.64, Water – $641.60 p.a *Approx.
• Unit inclusions; 59m2 private seating/balcony area & 2 basement secure car parks
• Access to common area amenities
• Elevator/disability access available
• NBN Internet connection available (FTTN)

For further information or to arrange an inspection please contact the agent.

For Sale POA
Property Features
  • Offices
Commercial Features
Highlight 1

Central Braddon location

Highlight 2

Suit multiple uses

Highlight 3

59m2 Private balcony & car parks

  • Satellite
Real Estate Agent
Dania Khalil
Business Development Manager
0406 375 946

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