‘Set and Forget’ Freestanding Investment

24 Tralee Street,Hume ACT 2620

By Negotiation

IndustrialSize: 2099 m² (approx)
Block size: 1.02 Hectares approx.
24 Tralee Street provides prospective investors with a distinctive opportunity to purchase a large land holding in Canberra’s premier industrial market. After several years of plateaued development throughout the GFC, the Canberra industrial market has thrived, evidenced through the evolution of estates such as the privately developed Walker Industrial Estate and the ACT Government’s Hume West Estate. The success of these states over the past several years has yielded maximum occupancy rates with the exception of approximately two sites yet to be committed.

24 Tralee Street is located in the midst of this development activity on the main trajectory to the current development ‘hot spots’ in Canberra’s industrial market. Additionally, the current occupant, Roadmaster, has occupied the site for some 18 years in its’ current format, however, over 25 years in total operations on the site.

Features of this opportunity include:

- Site area of approximately 10,170 sqm. Large sites in Canberra are limited in supply and rarely becoming available

- Solid income on an initial five (5) year term with options

- Net lease with at a commencement rent of $441,384 per annum plus GST

- Wide street frontage with dual driveway access and highway visibility, easily accessible from major arterial roads

- Future flexibility with further development potential allowing a total of 7,635 sqm


24 Tralee Street, Hume is being offered for sale via Expressions of Interest closing 4pm, Thursday 6 December 2018.

Contact either Daniel McGrath or Erika Stone at Knight Frank for more details or to arrange an inspection.

Inspections

No open times scheduled. Contact Agent to arrange a viewing.

Block map

Block Map

Key Details

Property Type:Industrial
Block:13
Section:1
Block Size:1.02 Hectares (approx)

Map

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What's Nearby

Gilmore PrimaryPrimary School
3.5km
Caroline Chisholm High School, ChisholmHigh School
4.3km
The Canberra HospitalHospital
7.6km
Jerrabomberra Shops, JerrabomberraMajor Shopping Centre
4km
Australian National UniversityUniversity
13.3km
Erindale CollegeCollege
5.9km
Chisholm Post OfficePost Office
3.6km

Hume Suburb Information

 
 
Average Age
30 years
Population
309
Hume Profile
Hume Occupancy

Contact agents

Knight Frank - Canberra

Licensed Agent & REIACT Member
View agency details
Daniel McGrathKnight Frank - Canberra
Erika StoneKnight Frank - Canberra
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This listing has been viewed 215 times. It was first displayed on 02/11/18 and last updated on 23/02/19.