Acquire a 100% interest in the Petros Group Portfolio (PGP) via EOI, which consists of six high profile and diversified commercial assets including these 2 sites in Braddon. 34 Mort Street and 36 Mort Street are also being offered for sale individually via EOI.
34 and 36 Mort Street in Braddon comprises two neighbouring commercial properties positioned on a prominent site of 3,062m combined. The iconic Braddon corner provides outstanding exposure to the busy Mort and Eloura Streets and the high volume of daily passing traffic through the CBD-fringe precinct. The properties are ideally located in close proximity to major infrastructure such as the Canberra Centre, ANU and the light rail corridor.
As at 1 February 2017 the properties are 93% occupied with a combined WALE of 1.93 years by income. Subject to further investigation, 34 and 36 Mort Street presents purchasers with the option of land banking these iconic assets or exploring an immediate development upside.
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:
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