BLUE CHIP INDUSTRIAL INVESTMENT
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9 Cheney Place, Mitchell ACT 2911

Expressions of Interest Closing Tuesday 2 May 2024

IndustrialSize: n/a
Block size: 4178 m² approx.UV: $710,000 (2023)
Located in the ACT's most tightly held industrial suburb of Mitchell this *3,350sqm building comprises 2,813sqm of high clearance warehouse, 537sqm of air conditioned showroom and first floor office. The property also has 4 leases in place with a current net passing income of $507,622.02* with 3 national tenants.

Key Property Features:

• Net Passing income $507,622.02*
• 3 National Tenants DPO, Samsara, Axicom
• Monster power upgrade with its own substation
• Multiple electric over size electric roller doors
• Multiple overhead 5-20 tonne cranes
• *1,975m2 front warehouse
• *1,052m2 rear warehouse
• *323m2 office/showroom space

*Approximately
nbn® Fibre to the Premises (FTTP) is available in this property
Max wholesale speed tier available: nbn® Home Ultrafast

Inspections

No open inspections scheduled.

Send an enquiry

Contact Frank Giorgi to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Industrial
Block Size:
4178 *
Unimproved Value:
$710,000 (2023)

Other Details

Block:
34
Section:
18
Rates (Residential):
$3,797*
Rates (Commercial):
$29,686*
Rates (Rural):
$1,103*
Land Tax (Residential):
$6,737*
Legal description:
GUNG/MITC/18/34
nbn® availability:
nbn® Fibre to the Premises (FTTP)
*These are approximate values based on available information.
Ray White Commercial Canberra

Maps and area information

Land Details
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Block information
Block 34 Section 18 Mitchell
Block size: 4178 (approx)
Unimproved value: $710,000 (2023)
Legal description: GUNG/MITC/18/34
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

What's nearby

Harrison SchoolPrimary School
2km
Burgmann Anglican SchoolHigh School
3km
Calvary Private HospitalHospital
6.2km
The MarketplaceMajor Shopping Centre
3.1km
University Of CanberraUniversity
5.7km
Gungahlin CollegeCollege
3km
Mitchell Post OfficePost Office
0.5km
Aust. Defence AcademyTafe
8.6km

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
29 Mar 2012
Sold
$2,700,000
Contract: 20/09/2011
Transfer: 29/03/2012
Block size: 4178m²
Transfer type: Full transfer
Purpose: Hire,leasing service,plant,equipment

Mitchell suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian salesUnimproved value
Average Age
0
Population
7
Unimproved value for Mitchell
$710,000
Listing ID: 182408241. This listing has been viewed 195 times. It was first displayed on 28/03/2024 and last updated on 09/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.