Rare street-facing commercial space available in Braddon

By
Ray Sparvell
August 26, 2024
The 163-square-metre space is divided into two units. Photo: Supplied.

New York might be the town that never sleeps, but Braddon on the Canberra CBD doorstep is close. At the very least, it’s going to bed very late and getting up with the sparrows. Not much in it then, really.

That comparison might be a stretch, but there’s no doubt the Braddon buzz does carry on pretty much around the clock.

And it wouldn’t be doing that if it wasn’t attracting people through a wide variety of dining, entertainment, retail and other options.

The spaces are currently leased to Authentix Beauty & Wellness Clinic and Outkast Tattoo Co. Photo: Supplied.

There’s now a rare opportunity to buy a generously sized, street-facing tenancy in the Nibu x Palko precinct.

On offer is a 163-square-metre space on level one, divided into two units and leased to Authentix Beauty & Wellness Clinic and Outkast Tattoo Co.

Chris Antos of Sentia Real Estate says spaces like this rarely come to market in Braddon, and this one offers big buyer benefits.

There is a 19-square-metre balcony and five basement car bays on the title. Photo: Supplied.

“It’s a GST-free sale with tenants in place and priced under the sales tax threshold,” he says. “You won’t find a better time to stake a place in Canberra’s premier cafe and retail precinct.”

Extra sweeteners include a 19-square-metre balcony and five basement car bays on the title.

The combined annual net rent of both spaces is $63,404 plus GST.

L1 C26/27 Lonsdale Street, Braddon

Price guide: $1.2 million

Agent: Sentia Real Estate, Chris Antos 0422 837 647

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