For Sale
344/43-47 Currong Street North,
Braddon 2612, Australian Capital Territory
$658,000
Property details
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Agents
For Sale - Retail/Commercial Investment with Upside
An excellent opportunity to secure a versatile retail/commercial property in one of Canberra's most dynamic inner-city precincts.
Property Highlights:
• 73sqm* retail tenancy + 64sqm* exclusive outdoor area.
• Currently split into two separate tenancies for income diversity.
• Tenancy A: 37sqm, leased to a well-established automatic laundromat, lease expiring July 2026 with a further 3-year option.
• Current gross rent: $27,851.85 p.a. + 52.86% of outgoings.
• Tenancy B: 34.5sqm*, currently vacant and ready for lease - ideal for owner-occupier or rental upside.
• Includes 1 secure basement carpark.
Building permitted uses: indoor recreation, non-retail commercial, restaurant, and shop
Outgoings:
Council Rates: $6,352.96 p.a.
Strata: $4,400.40 p.a.
Water & Sewerage: $860.72 p.a.
Total: $11,614.08 p.a.
Location Advantages:
• Situated in the bustling Braddon precinct, a lifestyle hub known for its cafés, bars, restaurants, and boutique retail
• Just minutes from Canberra's CBD with excellent connectivity and strong pedestrian traffic
• Growing demand for flexible commercial space in this tightly held location
This property offers a secure income stream from a proven tenant with further upside potential through leasing the vacant tenancy. Perfect for investors or owner-operators looking to capitalise on Braddon's thriving commercial scene.
Property Highlights:
• 73sqm* retail tenancy + 64sqm* exclusive outdoor area.
• Currently split into two separate tenancies for income diversity.
• Tenancy A: 37sqm, leased to a well-established automatic laundromat, lease expiring July 2026 with a further 3-year option.
• Current gross rent: $27,851.85 p.a. + 52.86% of outgoings.
• Tenancy B: 34.5sqm*, currently vacant and ready for lease - ideal for owner-occupier or rental upside.
• Includes 1 secure basement carpark.
Building permitted uses: indoor recreation, non-retail commercial, restaurant, and shop
Outgoings:
Council Rates: $6,352.96 p.a.
Strata: $4,400.40 p.a.
Water & Sewerage: $860.72 p.a.
Total: $11,614.08 p.a.
Location Advantages:
• Situated in the bustling Braddon precinct, a lifestyle hub known for its cafés, bars, restaurants, and boutique retail
• Just minutes from Canberra's CBD with excellent connectivity and strong pedestrian traffic
• Growing demand for flexible commercial space in this tightly held location
This property offers a secure income stream from a proven tenant with further upside potential through leasing the vacant tenancy. Perfect for investors or owner-operators looking to capitalise on Braddon's thriving commercial scene.
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Contact Steven Shang
Contact Steven Shang
Steven Shang
344/43-47 Currong Street North, Braddon ACT 2612
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Steven Shang
344/43-47 Currong Street North, Braddon ACT 2612