3/49 Mort Street, Braddon, ACT 2612

Raine & Horne Commercial Canberra are pleased to exclusively offer Unit 3, 49 Mort Street, Braddon for sale or lease. Braddon has recently undergone a notable renaissance and has fast become a hip and bustling social hub filled with artisan coffee roasters & cafes, bars, restaurants, boutique fashion outlets, hotels, residential apartments, art galleries, yoga studios, food vans, professional services and bicycle culture. Braddon has historically been the home of service trades and vehicle sales, however the variation of the Territory Plan in March 2008 and its 'city fringe' position has prompted the revitalisation of Braddon from a light industrial / service trades area to a thriving area to live, work and socialise. Canberrans now compare Braddon to Surry Hills in Sydney and Fitzroy in Melbourne. 'Pacific Suites' is a block of serviced apartments located at 100 Northbourne Avenue / 49 Mort Street, located close to public transport with several bus routes at its the doorstep and close to the Elouera Street light rail stop connecting Canberra CBD, Dickson and Gungahlin. The building is soon to be repositioned into a strata-titled, 153 unit, mixed-use complex known as 'CENTO' and will benefit from substantial internal and external upgrades including external paint and tiling to the Mort St frontage. In addition to individually titled apartments on the upper floors, the building will comprise 3 ground floor strata titled commercial units (one facing Northbourne Avenue and two facing Mort Street) with common amenities and associated car parking. Unit 3, which to-date has been utilised as a day spa, measures 115sqm (subject to final survey) with a significantly wide frontage to Mort Street, common toilets and allocated parking located directly to the rear. The property has two sets of double doors which provides the ability to subdivide and lease in parts, and the Crown Lease permits a wide range of commercial uses including, but not limited to, personal services, drink establishment, restaurant, office and health facility. For further information or to arrange a private inspection, please contact the exclusive agent; Mark Nicholls of Raine & Horne Commercial Canberra on 0417 239 551.