Hume is approximately 10 kilometers south east of the Canberra CBD. An industrial suburb that has great access from the Monaro Highway. Hume is more designated for large wholesale storage and distribution. There are 2 new land development sites one being Monaro Park and the other being a LDA site called New West on the Monaro Highway.
Great Investment - Located on the southern side of Tralee Street, West of the intersection with Sheppard Street in the established industrial area in Hume.
The warehouse provides a total area of 4,124m2 tilt slab and metal clad walls, with accommodation comprising of a large warehouse featuring sprinklers throughout, extensive offices at the front of the building, a mail room and high bay warehouse with multiple roller doors at the side and rear of the unit.
The current tenant has been in occupancy since 2002 and has resigned a new 3 + 3 year lease in October 2017.
The annual income is $450,780.00 + GST p.a, the buildings outgoings are approximately $65,000.00. This will provide a net income of $385,000.00.