45/38 Mort Street Braddon ACT 2612

Burgess Rawson is delighted to exclusively offer For Sale by Expressions of Interest this exceptional investment leased to Blackfire Restaurant.

Braddon is to Canberra what Lygon and Chapel Street are to Melbourne. Braddon is a hub of popular retail outlets, a stream of new and exciting developments and an eclectic mix of Canberra's best restaurants and bars.

There is over $1.48 billion being spent in new and approved projects in the immediate vicinity with the likes of The Canberra Raiders relocating their headquarters to now call Braddon Home.
Braddon has also recently undergone a number of streetscape upgrades encouraging more foot traffic, enhancing access for wheelchairs and prams, improving connection to the light rail terminal and providing greater amenity for the public.

Highlights include:
Renowned restaurant in popular Canberra suburb
105 sqm unit with extensive fitout
Stamp duty free
Attractive 3.5% increases ensuring growth
Excellent Tenant Paying Monthly with a strong history of payments
Managed by Burgess Rawson Canberra

Lessee: Fuego Nero Pty Ltd
Lease Term: 5 years
Lease Commencement: 1 February 2017
Lease Expiry: 31 January 2027
Increases: 3.5% Rent Reviews
Option: 1 x 5 Years

Net Income $85,437 pa + GST

Expressions of Interest - Closing 4pm Thursday 28th November