Unit 127, 35 Mort Street, Braddon ACT presents an excellent opportunity to secure a well-leased retail investment within the sought-after Mantra Suites development.
Positioned in one of Braddon's most active mixed-use precincts, this 102 sqm self-contained shop is fully equipped for food and beverage use, making it a highly functional and attractive hospitality asset.
The tenancy is currently occupied by a well-known restaurant operator with proven trading history and long-term tenant stability.
Property Highlights:
• 102 sqm shop
• Located within the popular Mantra Suites development.
• Independent air-conditioning
• Exhaust ducting
• Grease trap installed
• Internal bathroom
• Additional north-east facing alfresco terrace for tenant to use as outdoor seating
• Currently operating as a takeaway restaurant
The property is offered with a strong lease in place:
• 5 + 5 year lease
• Commenced 1 May 2025
• 3% fixed annual rent increases
• Long-standing hospitality tenant
• Fixed rental growth
• High-demand Braddon location
Net Income: $80,956 pa.
This is a rare chance to acquire a set-and-forget retail investment backed by an experienced food operator in one of Canberra's most tightly held urban precincts.
The size of Braddon is approximately 1.5 square kilometres. There are 5 parks, covering nearly 15.2% of the 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 5,737 properties. Over the last 5 years, Houses in Braddon have seen a -44.29% decrease in median value, while Units have seen a 2.29% increase. As at 30 September 2026:
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