Price reduction - Long term lease in place

Unit 5/48 Sandford Street,Mitchell ACT 2911

$550,000

IndustrialSize: n/a
Industrial size: 272 m² approx.UV: $736,000 (2019)
This strata complex consists of 6 units stretching along the very popular Sandford Street and on the corner of Kemble Court in Mitchell. Overlooking busy Sandford Street and next door to the Mitchell Lawnmower Centre, Unit 5 is in a highly sought after area due to the high drive-by traffic on Sandford Street

The warehouse can be accessed via a roller door situated at the rear of the premises through a common yard. The yard is accessed off Grimwade Street.

Currently trading as Jindebah Coffee with 5 year lease with option of further 5 years with gross income of $39,000 annually

Property highlights:

* Great shopfront
* Warehouse
* Amenities
* Rear access to warehouse

Investment for sale via private treaty

Rates $7,547
Body corp $1,757
Water sewage $1357 pa

For more information or an inspection please contact Dania 0406 375 946 or John Price 0412 266 194

Inspections

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

Key Details

Property Type:Industrial
Block:1
Section:9
Industrial Size:272 (approx)
Unimproved Value:$736,000 (2019)
Stamp Duty:$0
Civium Property Group - Commercial

Maps and area information

Land Details
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Block information
Block 1 Section 9 Mitchell
Unimproved value: $736,000 (2019)
Legal description: GUNG/MITC/9/1/
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2019.
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What's Nearby

Kaleen PrimaryPrimary School
2.3km
Kaleen HighHigh School
3.4km
Calvary Private HospitalHospital
5.6km
The MarketplaceMajor Shopping Centre
3.9km
University Of Canberra, BruceUniversity
5.2km
Dickson CollegeCollege
3.4km
Mitchell Post OfficePost Office
0.9km

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
John PriceCivium Property Group - Commercial
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This listing has been viewed 570 times. It was first displayed on 28/02/19 and last updated on 29/07/19.