54/40 Mort StreetBraddon ACT 2612
Property Details for 54/40 Mort St, Braddon
Last Listing description (May 2023)
This well positioned retail property is now available for sale or lease and is the perfect opportunity to set up your commercial business. Situated in a thriving mixed-use center, the property is ideally located to take advantage of the strong local customer base, as well as gain exposure to larger passing traffic.
This entry level retail property offers an impressive 70m2 of modern and vibrant commercial space, designed to ensure maximum comfort and functionality. It features a wide-open floor plan and comes with two dedicated car parks for easy access. It also has access to modern shared amenities so you can provide a comfortable work environment for your employees.
The property is in close proximity to a number of well-known retail stores, restaurants and local attractions, as well as easy access to major roads and public transport networks including the tram lines that run past on Northbourne Avenue. This makes it a great choice for businesses who want their business to be seen and easily accessed.
Offering a popular location and a simple layout, this is an ideal opportunity for investors or business owners looking to capitalize on an exciting new opportunity. Don't miss this chance to secure a premium retail property and make the most of the potential available. Schedule a viewing today!
Asking price: $800,000.00
Asking Rental: $57,400.00 pa plus GST and including 2 parking spots
* 2 car parks on title
* Outgoings as provided by the vendors:
Body Corporate Fees - $1,174.83 per qtr. or $4,699.32 per year
ACT Rates - $1720.00 per qtr. or $6,880.00 per year
Water - $175.56 per qtr. or $702.24 per year
TOTAL Per Qtr. = $3, 070.39 or $12, 281.56 per year.
Schedule a viewing today!
Property History for 54/40 Mort St, Braddon, ACT 2612
- 10 Mar 2023Listed for Sale $800,000/$57,500
- 14 Oct 2022Listed for Rent $57,400 / year
- 04 Nov 2021Listed for Sale EOI Closing 4pm 2nd December 2021
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 6,092 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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