'Great incentives': Commercial opportunity minutes from Canberra CBD up for grabs

By
Ray Sparvell
February 24, 2025
The sale of this commercial space on Cooyong Street, Reid offers a wide purpose clause. Photo: Supplied.

There’s no better advantage any business can give itself than the right location.

It’s not only good for customers and clients; it can also help attract and retain employees.

That’s a big part of the appeal of this 122-square-metre, ground-floor commercial space in the Metropol precinct on Cooyong Street in Reid.

The unit is saturated with natural light through large windows and high ceilings that enhance its feeling of space.

Lucas Brinkmeyer of Knight Frank Canberra says the unit would likely suit an owner-occupier.

“It’s a great space with a wide purpose clause – and it’s so close to the CBD,” he says.

“It comes with some great incentives on either a sale or a tenancy.”

The landlord has reduced the asking price by $70,000 to $725,000 (plus GST) or is open to leasing the property with an incentive of more than $100,000 (subject to terms) on a five-year tenancy.

“That could provide a new tenant with a substantial contribution toward a fitout cost,” Brinkmeyer says.

This unit has an allocated basement parking bay with easy access from either Northbourne Avenue or Parkes Way.

Metropol commercial tenants also enjoy access to the building’s amenities, which include a residents’ lounge, pool, rooftop garden and courtyard.

The precinct comprises three towers with more than 550 residential and commercial units.

Contact Agent
Unit G04/81-83 Cooyong Street, Reid ACT 2612
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