27 Lonsdale Street, Braddon, ACT 2612 | Property Value & History | OnTheHouse
OFF MARKET

27 Lonsdale Street
Braddon ACT 2612

Bedrooms: -
Bathrooms: -
Car spaces: 4
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Property Details for 27 Lonsdale St, Braddon

Building Type
Commercial
Local Government
Canberra Central
Lot/Plan
BRADDON: Block 22, Section 20

Last Listing description (November 2019)

Braddon level 1 investment/occupy opportunity

Nibu x Palko offers an exclusive New York inspired mixed-use development in Braddons ever evolving vibrant caf and retail precinct on Lonsdale Street.

This Level 1 unit has been subdivided into two tenancies, one of which is currently occupied by a beauty salon, the other is vacant for retail or office use. Prime position within the development with street facing windows and balcony allowing for high visibility.


Total Area: 144sqm

Asking Price: $800,000 (ex GST)

Current Lease C29a:
+ Sub-divided area: 70sqm
+ Gross Rent: $40,986 (ex GST)
+ Lease Expiry: 16 April 2023
+ Option Term: 5 years

Potential Lease C29b:
+ Sub-divided area: 74sqm
+ Estimated Potential Gross Rent: $43,328 (ex GST) based on C29a sqm rate

Estimated Total Gross Rent: $84,314

Total Lessor Outgoings: $13,224 per annum
* These are the known outgoings and it is the Purchasers responsibility to identify and establish estimates for any other possible outgoings that may be payable by the Lessor.

Potential Yield: 8.9%

Contact Chris Antos at Laing+Simmons for more information or to arrange an inspection.

Property History for 27 Lonsdale St, Braddon, ACT 2612

A timeline of how this property has performed in the market
Last Sold
30 Sep 2009
  • 07 Nov 2019
    Listed for Sale $800,000 (ex GST)
  • 21 May 2019
    Listed for Sale $810,000
  • 09 Jan 2019
    Listed for Rent $77,000 pa (ex GST)
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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 6,091 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.
There are currently 33 properties listed for sale, and 37 properties listed for rent in Braddon on OnTheHouse. According to Cotality's data, 271 properties were sold in the past 12 months in Braddon.

Suburb Insights for Braddon 2612

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.