Internal Ref: bus29689
Summary
A rare chance to secure a fully fitted, immediately operational retail space in one of Canberra's busiest shopping centres, without the setup costs or lead time of starting from sc...
Location Details
18 Benjamin Way
About the Business
A rare chance to secure a fully fitted, immediately operational retail space in one of Canberra's busiest shopping centres, without the setup costs or lead time of starting from scratch.
Located within the technology precinct at Westfield Belconnen, this 57m2 tenancy sits alongside Harvey Norman, JB Hi-Fi, and Telstra - a proven, high-traffic retail corridor with built-in consumer demand. The fitout was completed in December 2023 and is valued at approximately $200,000. It is near-new, professionally finished, and ready for trade on day one.
The lease has five years remaining and is available by way of assignment, with monthly occupancy costs of approximately $11,148 all-inclusive. An incoming entity will also have access to over $100,000 in available tax depreciation, making this a financially compelling entry point into premium retail.
The infrastructure lends itself to a range of retail and service concepts including electronics, telecommunications, photography, gaming, accessories, or any complementary service-based business. A team of nine experienced staff are available for retention, providing immediate operational continuity. Stock on hand exceeding $80,000 is available and negotiable.
No specialist licences are required. This is an asset sale - the fitout, lease, and stock transfer without the trading name, giving an incoming operator full flexibility to launch under their own brand.
Opportunities of this calibre in established centres rarely come to market. Price is negotiable and will be considered on the merits of each offer.
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