20 Mort StreetBraddon ACT 2612
Property Details for 20 Mort St, Braddon
Last Listing description (October 2019)
Brand new 12 year lease to 7-Eleven to 2031 plus options to 2051.
Guaranteed rental growth with annual fixed 3% rent increases.
7-Eleven is Australias #1 convenience retailer with over 700 stores and 38% market share.
The highest profile fuel site in Canberra with 154 metres* of combined frontage including exposure to Lonsdale Street food precinct (30 metres*), Cooyong Street (91 metres*) and Mort Street (30 metres*).
Opposite Canberra Centre (90,000 sqm Regional Shopping Centre), Telstra HQ and various Government Departments.
Surrounded by intensive office, retail, residential and hospitality development activity with over $1.48 billion** in new projects approved or proposed within 500 metres*.
Impressive 176 sqm* convenience retail store with attached canopy plus automatic car was, vacuum facilities and 10 on-site car spaces.
Landlord-favourable, Net lease terms, 7-Eleven pay all rates, building and public liability insurances*.
IMPORTANT: 7-Eleven owns, maintains, repairs and replaces all fuel tanks*, equipment plus site remediation.
Astute landbank opportunity.
Rent: $291,997 pa
To be sold by Investment Portfolio Auction at 50 Margaret Street, Sydney from 10.30am AEDT noon on Wednesday 30 October. Local bidding available in Canberra.
14 other 7-Eleven freehold investments also available.
Contact sales team for more details.
**actmapi.gov.au and Canberra Times
*All areas and figures approx only. All boundaries are indicative only. Rents stated are commencing rentals as per the lease. Land tax is not payable by the tenant. Replacement of fuel tanks in accordance with provisions in the Lease. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
Property History for 20 Mort St, Braddon, ACT 2612
- 30 Oct 2019Sold for $7,100,000
- 30 Sep 2019Listed for Sale Price on request
- 28 Nov 2012Sold for $3,012,820
Recent sales nearby
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About 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 6,100 properties. Over the last 5 years, Houses in Braddon have seen a 43.21% increase in median value, while Units have seen a 16.99% increase. As at 31 January 2026:
- The median value for Houses in Braddon is $1,143,869 while the median value for Units is $527,807.
- Houses have a median rent of $590 while Units have a median rent of $620.
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