FOR SALE
Sale Price Unavailable

Elouera Street
Braddon ACT 2612

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 54m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Entry Level Tenanted Investment | New 5+3 Year NET Lease with Quality Fitout

Raine & Horne Commercial Canberra are pleased to offer Unit 14 'Midnight' Braddon as a tenanted investment.
Developed and built by esteemed developer, Geocon and designed by world-renowned architect, Fender Katsalidis, Midnight is located in on the prominent City Gateway site adjacent to the Elouera Street light rail stop on Northbourne Avenue. The Midnight development comprises 230 high-end residential apartments, a 200-room 5-star Marriott hotel, 23 ground-floor and lower ground-floor commercial tenancies and a 137-space public car park.
The 23 ground-floor and lower ground-floor commercial units comprise a range of boutique style commercial tenancies ranging from 40sqm to 130sqm with some having external frontage onto Mort Street and Northbourne Avenue and others facing into an internal atrium linked to the hotel lobby. Current occupiers include Boy + Co Barber Studio, AJ Hair & Bridal, Geodetica, The Vein Institute, Bauerfeind, Flawless Boutique Skin Clinic, Forcefield Services, DesignHer Beauty, Australian Corporate Advisory, Night Nurse Skin Clinic, Expert Orthopaedics, Solution Tech, Podiatry Professionals Sports Hub, The Midnight Bar and the Braddon Merchant Restaurant.
Unit 14 is a 54sqm rectangular-shaped tenancy located within the open-air internal atrium adjacent to a magnificent waterfall feature flowing down from the hotel infinity pool. The property comes with a secure basement carpark and storage cage on title. The unit has a brand-new 5+3 year brand-new NET lease in place to DesignHer Beauty commencing on 1st March 2024 at $30,000pa +GST plus 100% of outgoings (rates, strata & water charges).
For further information or to arrange an inspection, please contact Raine & Horne Commercial Canberra.

Property Details for 14/1 Elouera St, Braddon

Building Type
Commercial
Floor Size
54m2

Commute Calculator

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 2011 was 4,556 people. By 2016 the population was 5,507 showing a population growth of 20.9% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Braddon work in a professional occupation. In 2011, 28.8% of the homes in Braddon were owner-occupied compared with 29.2% in 2016.

Braddon has 5,967 properties. Over the last 5 years, Houses in Braddon have seen a 26.58% increase in median value, while Units have seen a 25.94% increase. As at 31 October 2024:

  • The median value for Houses in Braddon is $1,240,109 while the median value for Units is $526,227.
  • Houses have a median rent of $570 while Units have a median rent of $600.
There are currently 41 properties listed for sale, and 41 properties listed for rent in Braddon on OnTheHouse. According to CoreLogic's data, 249 properties were sold in the past 12 months in Braddon.

Braddon Profile Page

Suburb Insights for Braddon 2612

Visit Braddon profile page
Market Insights
Braddon Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Braddon Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Braddon profile page
Contact agent
Mark Nicholls
Show contact details
Call agent
Cody Edwards
Show contact details
Call agent
Raine & Horne Commercial Canberra
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED