120/24 Lonsdale StreetBraddon ACT 2612
Property Details for 120/24 Lonsdale St, Braddon
Last Listing description (July 2023)
Rare opportunity to purchase a quality office suite in the highly regarded Mode 3 building.
This unit totals 238 sqm and is currently divided into two tenancies, one of 98 sqm and the other 134 sqm. The 98 sqm is currently leased on a month to month basis and the tenant has a strong interest in entering into a new lease on the 134 sqm. This provides the opportunity for an owner occupier to occupy part or all of the unit and or investor to secure the existing tenant for the larger tenancy and then lease the smaller tenancy.
The unit has two entrances, separate fit outs for the two tenancies, overlooks Lonsdale Street and has 5 basement car spaces.
Property History for 120/24 Lonsdale St, Braddon, ACT 2612
- 04 May 2023Sold for $1,300,000
- 16 Aug 2022Listed for Sale Inviting offers in excess of $1.425 million ex GST
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0About Braddon 2612
The size of Braddon is approximately 1.5 square kilometres. It has 5 parks covering nearly 15.2% of total area. The population of Braddon in 2016 was 5500 people. By 2021 the population was 6383 showing a population growth of 16.0% in the area during that time. The predominant age group in Braddon is 20-29 years. Households in Braddon are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Braddon work in a professional occupation.In 2021, 38.10% of the homes in Braddon were owner-occupied compared with 29.20% in 2016.
Braddon has 6,091 properties. Over the last 5 years, Houses in Braddon have seen a 17.03% increase in median value, while Units have seen a 17.21% increase. As at 31 December 2025:
- The median value for Houses in Braddon is $1,124,479 while the median value for Units is $527,471.
- Houses have a median rent of $590 while Units have a median rent of $620.
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