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185/15 Coranderrk Street City ACT 2601

  • Shop & Retail
  • 342 m²
  • For Sale, $1,350,000 (GST na)

Be Part of the City!

A Fantastic Mixed Purpose Retail and Office Property For Sale! Internal Space: 151.9m2 Courtyard/Outside Area: 191m2 Total: 342.9m2 100% occupied by Glebe Cafe Lease until July 2022 with 2 year option Fixed 3% annual rental increases Edge Group is pleased to offer Unit 185/15 Coranderrk Street, City for sale at $1,350,000+. Currently, it has been an owner-run cafe for over 3 years. The owner spent $200K to renovate the whole restaurant. This opportunity deserves the attention of someone seeking a commercial investment adding to their portfolio. This unit offers 342m of total space including restaurant with 2 toilets & 1 disabled toilet. The additional attachment is to the back of the unit with two office rooms, a bathroom, and a kitchenette.  The unit provides 2 secured basement car parking bays and plenty of onsite parking available for patrons. Reverse cycle air-conditioning is in all parts of the building along with swimming pool, showers, spa bath, gym, three phase electricity with quality flooring & fixtures. The greenery of Glebe Park, the manicured parkland, the shady trees for picnic areas and children's play on swings intensifies the beauty of the unit. It is surrounded by the National Convention Centre, Casino Canberra, and Canberra Olympic Pool. A unique location only a few steps away from City Walk, Canberra CBD, Canberra Centre, within six-minute distance to the city bus interchange, and meters from the new light rail network. Located within one of Canberra's most popular and vibrant precincts, the unit sits on a fantastic location surrounded by large Federal Government departments & various commercial businesses. This complex of Glebe Park Residences contains 184 boutique apartments and four commercial units on ground level facing Coranderrk Street CIT Reid. This mixed use business in the City represents a great opportunity for someone looking for high exposure for their businesses. Including but not limited to - Business Agency - Community use - Craft workshop - Indoor recreation facility - Parkland - Place of assembly - Restaurant- Shop - Tourist facility Don't miss this sound Stamp Duty Exempt investment opportunity in Canberra CBD and surrounded by the landmark attractions. Contact Edge Agent, Adil Iqbal 0416 354 232, today for more information.

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Property Highlights

Property ID2016057801
Floor Area342 m²
Land Area1.04 ha
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Category
Last updated  1 Jul 2020
Map for 185/15 Coranderrk Street City ACT 2601
Map for 185/15 Coranderrk Street City ACT 2601185/15 Coranderrk Street City ACT 2601
Edge Adil Iqbal
3 Gascoyne Cct Kaleen ACT 2617

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