OFF MARKET

57/1 Braybrooke Street
Bruce ACT 2617

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 67m2
Land area: 13523m2
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Property Details for 57/1 Braybrooke St, Bruce

57/1 Braybrooke St, Bruce is a 0 bedroom, 0 bathroom Unit and was built in 2007. The property has a land size of 13523m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
2007
Floor Size
67m2
Land Size
13523m2
Local Government
Belconnen
Lot/Plan
BRUCE: Block 3, Section 75, Unit 57

Last Listing description (December 2022)

Have you been thinking of purchasing a residential or commercial property? Don't miss this opportunity to secure a strong commercial investment with elevated returns vs a residential unit in the same price bracket.

Proximity is a well established mixed use development located on the corner of Braybrooke Street & Battye Street, closely located to GIO Stadium, the Australian Institute of Sport, and only 5 minutes drive from Belconnen CBD.

The unit is located on the ground floor of a four-story apartment building which is well anchored with a mix of retailers based in hospitality and personal services. The site includes ample free parking and is located nearby to public transport.

Unit 57, is leased by a successful Skincare and Beauty business 'The Skyn Lounge'.

The Skyn Lounge is on a 3 year lease with options
Lease commenced February 2022
Glass shop front, and modern beauty fit-out throughout with large reception area
Three treatment rooms, kitchenette, and large bathroom/laundry
Rental income $26,000 + GST with a sizeable CPI/Market review annual increases to come
Outgoings; Rates - $3,119, Levies - $3,407 (recoverable from the tenant), Water & Sewerage - $650
Tenant to pay increases in outgoings

For more information please contact Lachie O'Sullivan on 0435 088 655 or lachlan.o'sullivan@civium.com.au

Property History for 57/1 Braybrooke St, Bruce, ACT 2617

A timeline of how this property has performed in the market
Last Sold
$360,000
02 Nov 2022
  • 02 Nov 2022
    Sold for $360,000
  • 16 Sep 2022
    Listed for Sale UNDER OFFER
  • 12 Jan 2012
    Sold for $335,000
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About Bruce 2617

The size of Bruce is approximately 6.6 square kilometres. It has 11 parks covering nearly 36.7% of total area. The population of Bruce in 2011 was 6,389 people. By 2016 the population was 6,995 showing a population growth of 9.5% in the area during that time. The predominant age group in Bruce is 20-29 years. Households in Bruce are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bruce work in a professional occupation. In 2011, 47.5% of the homes in Bruce were owner-occupied compared with 39.6% in 2016.

Bruce has 3,347 properties. Over the last 5 years, Houses in Bruce have seen a 39.66% increase in median value, while Units have seen a 38.14% increase. As at 31 October 2024:

  • The median value for Houses in Bruce is $1,092,005 while the median value for Units is $569,785.
  • Houses have a median rent of $660 while Units have a median rent of $550.
There are currently 34 properties listed for sale, and 15 properties listed for rent in Bruce on OnTheHouse. According to CoreLogic's data, 145 properties were sold in the past 12 months in Bruce.

Suburb Insights for Bruce 2617

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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.