High-yield potential with this commercial opportunity in Canberra's largest mixed-use hub
There’s one truism for business success: it depends on customers finding you online or in the real world. For brick-and-mortar operations, this translates to a location close to lots of people.
That’s the power of mixed-use developments, which offer the magic trinity: a large resident population, a balanced commercial offering and a daily commuting workforce.
Nightfall represents the last stage of the successful Republic precinct in Belconnen. A measure of that success is that only two tenancies in a strip of five remain for sale (or lease).
One occupies 82 square metres and the other 89 square metres, and each comes with three basement car bays.
Permitted uses range from a bar to retail and plenty in between.
Chris Antos of Sentia Real Estate says the units represent great opportunities, especially for owner-occupiers.
“They are the perfect size for a wide range of business types, perhaps as yoga or pilates studios or convenient commercial offices,” he says.
“The spaces could potentially be combined and are also available for lease for affordable entry into a really popular location.”
Republic is Canberra’s largest mixed-use precinct and comprises 1200 apartments, 6000 square metres of commercial space, a 135-room hotel and a 500-bay, 24-hour public car park.
“The units are timely opportunities for any business wanting a quality address in Belconnen,” Antos says.
