1/100 Northbourne Avenue Braddon ACT 2612

Knight Frank Canberra are please to present exclusively for sale or lease, Tenancy 1/100 Northbourne Avenue, Braddon.

Located just steps away from the Elouera Street light rail stop and an abundance of Braddon's finest amenity, this address offers the perfect opportunity for business to thrive.

Offering the rare opportunity for businesses to be in the heart of Braddon, while having direct frontage to one of Canberra's most travelled roads, Northbourne Avenue, 'Cento' is a mixed-use development along the Northbourne corridor housing 153 residential apartments and 3 commercial tenancies. Within walking distance from the Canberra CBD, The Canberra Centre, RYE Café, Hopscotch Bar and much more, no requirement is out of reach.

Tenancy 1 is a 373sqm* tenancy with a fully equipped commercial kitchen and dining area that is ready for immediate use. The unit is already connected to gas, grease trap and has access to plenty of power with two 3-Phase, 100 amp EDB's.

Included in the tenancy are male, female and DDA compliant bathrooms and 5 allocated carparks. The landlord is generously offering to de-fit the existing fitout if required. The purpose clause allows for a range of permitted uses that include but are not limited to restaurant, drink establishment, health facility, personal services and more.

For those looking to purchase, the property currently has a Lease in place until 30 November 2024 that is currently generating $7,650.15 + Outgoings + GST per month. For those that are seeking to lease the premises, the property will be available from 1 December 2024.

Key features include:
- 373sqm*
- 5 car-parks
- Fully equipped commercial kitchen including rooms and dining area
- Gas, grease trap and x2 3-phase power
- Frontage to Northbourne Avenue
- Less than 100m away from light rail stop
- Walking distance to CBD, Canberra Centre and multiple bars, cafes & restaurants

Annual outgoings are currently estimated at:
Rates: $18,787.85*
Strata: $14,924.93*
Water & Sewerage: $746.92*
CCMIL: $620.03*
Total: $35,079.73* (circa $94psqm)

Should you wish to learn more about this opportunity or would like to arrange an inspection, please contact the exclusive agents Paul Douglas-MacDonald or Lucas Brinkmeyer of Knight Frank Canberra today.