Invest in Canberra's cafe culture with this sprawling Barton space

By
Ray Sparvell
May 6, 2024
A large cafe space at 6/21 Brisbane Avenue has just hit the market. Photo: Supplied.

Head to Barton on any day and you will likely see knots of public servants and other workers around a plethora of cafes dispensing caffeine kicks.

From grabbing takeaway brews to hosting informal meetings or catch-ups with colleagues, we’ve adopted cafes as an essential part of the working day.

Elevate your living experience with our digital magazines
Browse Domain’s property and lifestyle magazines.
Read now

That should be music to the ears of any investors looking for opportunities with secure futures – one of which could be this large cafe on very central Brisbane Avenue.

This space breaks the tapes at 303 square metres, bolstered by a further 86 square metres of enclosed courtyard, all powered by a mighty, fully fitted kitchen that’s turbo charged with grease traps and exhausts.

There is a tenant in place until the end of June next year, with a five-year option. Photo: Supplied.

Brett Barton of Barton Commercial Property says properties of this size rarely come to market in Barton.

“This opportunity should have strong appeal, particularly to an investor with a [self-managed super fund] or one looking to add to a portfolio,” he says.

“Importantly, to an investor, this generous cafe space has a solid tenant in place until the end of June next year, with a five-year option.”

There are two further sweeteners: the sale price is GST exempt as a “going concern” and it’s also priced under the sale tax threshold.

It also comes with two basement parking bays.

Share: