Fully leased investment opportunity

42 Hoskins Street,Mitchell ACT 2911

$2,600,000

IndustrialSize: n/a
Industrial size: 1300 m² approx.UV: $475,000 (2019)
Now open for sale, via private treaty, 42 Hoskins Street Mitchell in a two-story IZ2 industrial building. The ground floors are currently tenanted via TDX Tiling & adult services tenant Wanderlust and the first floor is currently leased by brothel & escort agency Langtrees. All tenants have made significant investments in high quality fitouts and also pay all water supply and usage charges.

The features of the property include:

Fully leased
Building area of 1,300m2
Block area 1,706m2
Dual access via Grimwade / Hoskins Street
Annual rental income $203,010 with 5 % annual increases

Don’t miss this opportunity to purchase this rare building with a unique use purpose clause.

For more information or an inspection please contact:
Dania Khalil
0406 375 946
Dania.khalil@civium.com.au






Inspections

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

Key Details

Property Type:Industrial
Block:18
Section:1
Industrial Size:1300 (approx)
Unimproved Value:$475,000 (2019)
Stamp Duty:$130,000
Civium Property Group - Commercial

Maps and area information

Land Details
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Block information
Block 18 Section 1 Mitchell
Unimproved value: $475,000 (2019)
Legal description: GUNG/MITC/1/18/
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2019.
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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

Kaleen PrimaryPrimary School
2.3km
Burgmann Anglican School, GungahlinHigh School
3.4km
Calvary Private HospitalHospital
5.8km
The MarketplaceMajor Shopping Centre
3.5km
University Of Canberra, BruceUniversity
5.3km
Gungahlin CollegeCollege
3.5km
Mitchell Post OfficePost Office
0.7km

Mitchell Suburb Information

 
 
Average Age
50 years
Population
6
Mitchell Profile
Mitchell Occupancy

Contact agents

Civium Property Group - Commercial

Civium Property Group - Commercial

Licensed Agent & REIACT Member
REIACT
View agency details
Dania KhalilCivium Property Group - Commercial
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This listing has been viewed 102 times. It was first displayed on 28/10/19 and last updated on 08/11/19.