FOR SALE
$1,925,000

Batman Street
Braddon ACT 2612

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 166m2
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Commercial Retail Unit Opportunity in Braddon

Located on the ground floor of the popular mixed-use development The Mark Funders lane, this 166sqm retail tenancy is across the street from Canberra Centre.
The units have been sub-divided into 2 tenancies of;
• 41.2sqm - Leased to Potato Corner
• 124.8sqm - Leased to PRD real estate
The unit also come with 4 basement car parks, Estimated Net income of the property is approx. $125,299.
Highlights of this property include:
- CBD location with huge visibility onto Cooyong Street
- Fully leased to 2 tenant
- located next to Canberra's largest Shopping Centre and large office and high density living area.
- 166sqm total area.
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Property Details for G06/2 Batman St, Braddon

Building Type
Commercial
Floor Size
166m2

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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 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.

Suburb Insights for Braddon 2612

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Steven Shang
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RWC Canberra
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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.