Partially Tenanted Office Braddon for Sale
Offices - BRADDON ACT
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.
Civium is excited to present Unit 29 of 25-29 Lonsdale Street for sale. Partially tenanted and prominently located, this is an exciting opportunity for an owner-occupier in search of additional income with a sublease in place.
Totalling 144sqm, 70sqm is currently subleased until 2026 at $39,000 per annum, with two additional two-year options available to them. The remaining 74sqm is currently vacant, and features a fully fitted out office, open-plan work area, modern kitchen/breakout room, and more.
Key Features:
• Unit size – 144sqm
• Subleased space size– 70sqm
• Vacant space size – 74sqm
• Gross current income – $39,000 per annum with potential Gross income of $79,700
The vacant space features:
• Two offices including built in desks
• Open plan work area
• Modern kitchen and break out
• 2 basement secure car park
• Access to common area amenities
• Elevator/disability access
Total outgoings $22,463
For sale via private treaty $1,100,000
For more information or an inspection, please contact Dania Khalil 0406375946 Dania.khalil@civium.com.au
Contact agent
Dania Khalil
Director – Commercial Sales & Leasing
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