Units 7 & 8, 66–74 Josephson Street, Belconnen ACT 2617
294m² internal + 4 on-title car spaces | Zoned CZ2 – Business Zone
Published Reserve: $1,100,000+

1. Owner-Operators – Secure Your Base of Operations
Opportunities to purchase freehold commercial space in the Belconnen Trade Precinct are exceptionally rare.

These two adjoining units offer:

• 294m² of functional space: open-plan office, reception, workshop, kitchenette, toilets & storage
• Direct street frontage to Purdue Street with signage potential
• Gated rear access via Gillott Street
• 4 on-title car spaces
• Flexible CZ2 zoning allowing a wide variety of trade, service, and showroom uses

This is your chance to:

• Escape rising rents and secure your long-term home
• Custom-fit a modern premises to your workflow
• Own and operate in a tightly held industrial-commercial hub

2. Investors – Flexible Lease Position, Strong Rental Prospects & Land Banking Potential
The property is currently occupied by a well-established local business that has operated from the site for over 35 years.
The current lease expires 30 June 2026 and has not yet been renewed – offering flexibility for the incoming buyer.

Two clear options for investors:

Re-let at market rent
An independent valuation supports a gross market rent of $95,550 p.a. + GST, equating to $325/m² + GST – a highly competitive rate for this location, especially with 4 on-title car parks.

Owner-occupy from mid-2026
If you’re planning to use the property yourself, you’ll have time to plan your transition while earning holding income in the meantime.

Strategic Investment Opportunity:

• Less than 500m from Westfield, major government agencies, and Belconnen’s retail and service hub
• Positioned in the Belconnen Service Trades Precinct with dual access and CZ2 zoning
• Great land banking opportunity while the Belconnen Town Centre is under review for potential rezoning to meet long-term ACT Government growth objectives
• Secure a rare freehold site in a tightly held and evolving town centre

Auction Terms

• Deposit: 10% deposit at risk – $1,000 payable on the fall of the hammer, with the balance due within 5 working days
• Settlement: Up to 90 days from exchange (at the buyer’s election)
• Published Reserve: $1,100,000+ – this means that if you are the only buyer at auction and bid on the settlement terms provided, you will own it
• GST: Not applicable – sale of an active asset
• Stamp Duty: Exempt – below commercial threshold in the ACT
• Pre-Auction Sales: The property will not be sold prior – this auction campaign is designed to zallow all buyers sufficient time to complete due diligence, organise finance, and prepare to bid confidently
• Auction Agreement: Includes current lease and Section 119 body corporate disclosure
• Inspections: By appointment – preferably Saturday or Sunday outside trading hours

To arrange an inspection or request the Auction Contract:

Frank Walmsley | contact@auctionadvantage.com.au | 1300 145 561