1/181 Flemington Road, Mitchell | FOR SALE

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1/181

FLEMINGTON ROAD MITCHELL ACT 2911

FOR SALE


THE PROPERTY Mitchell has become a popular industrial precinct in the ACT over the past few years with the increase in development of both residential and commercial in the Gungahlin region driving an increase in population. The site is well located between Canberra CBD and the expanding region of Gungahlin and will undoubtedly benefit from the light rail which will run directly outside your front doorstep. The recently constructed warehouse features high clearance throughout, retail/floor space of approx. 1,140sqm, ample customer parking and great exposure to one of Canberra’s prominent locations. The property is currently leased with a 5 + 5 year lease in place.

FEATURES • Approx 1140sqm floor space • High clearance warehouse • Customer parking

• Central location in North Canberra • Great street frontage • Close proximity to public transport

FINANCIALS • Rent: $240,000 + GST • Lease Term: 5 years • Rent Increase: 3.5% increase on 1st of January every year

OUTGOINGS • Rates: $22,143.29 per annum • Water: Approximately $200 per quarter • Body Corporate: Approximately $1,500 per annum

FOR SALE | RAINE & HORNE COMMERCIAL CANBERRA


1/181 FLEMINGTON ROAD | MITCHELL ACT


1/181

FLEMINGTON ROAD MITCHELL ACT 2911

Anthony Vatalis

Frank Giorgi

Industrial Sales & Leasing avatalis@rhccanberra.com.au 0418 688 787

Sales & Leasing Executive fgiorgi@rhccanberra.com.au 0412 135 982

Raine & Horne Commercial Canberra Level 1, 22 Giles Street, Kingston ACT 2604 02 6239 6888 rhccanberra.com.au


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