Unit 127/35 Mort Street
Braddon, ACT 2612

Overview

For Sale | Leased Investment - Established Hospitality Asset in Braddon

This retail property, located at Unit 127, 35 Mort Street in Braddon, ACT, offers a unique opportunity to acquire a well-leased commercial investment within the highly sought-after Mantra Suites development. Situated in one of Braddon's most vibrant mixed-use precincts, this 102 square meter self-contained shop is fully equipped for food and beverage operations, making it an ideal hospitality asset.

The tenancy is currently occupied by an established restaurant operator with a proven trading history and long-term tenant stability, providing a reliable income stream for investors. The property features independent air-conditioning, exhaust ducting, and a grease trap, all essential for food service businesses. Additionally, it includes an internal bathroom and exclusive use of a north-east facing alfresco terrace, enhancing its appeal for hospitality use.

Key property highlights include:

• 102 square meter shop space
• Located within the popular Mantra Suites development
• Independent air-conditioning system
• Exhaust ducting installed
• Grease trap installed for food service compliance
• Internal bathroom facilities
• Exclusive use of an additional north-east facing alfresco terrace
• Currently operating as a takeaway restaurant

The property is offered with a strong lease in place, providing security and predictable income. The lease terms include a 5 + 5 year lease commencing on 1 May 2025, with fixed 3% annual rent increases. The tenant is a long-standing hospitality operator, ensuring stability and fixed rental growth in a high-demand Braddon location.

The net income from this investment is $80,956 per annum, making it a rare opportunity to acquire a set-and-forget retail investment backed by an experienced food operator in one of Canberra's most tightly held urban precincts.

Location