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Retail For Sale found in MITCHELL, ACT 2911



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, ample parking and 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.
For further details please contact Anthony Vatalis on 0418-688-787
To view the Executive Summary, please click here:

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Price: $3,288,888    Building: 1140m²    Land: 1140m²    Occupancy: Vacant


Investment | Offices | Retail

Situated in the growing business hub of Mitchell, 17/160 Lysaght Street combines modern functionality with a playful twist. This boutique office/retail opportunity offers a unique working space, flexible floor plans and contemporary fit out. With 295sqm (approx) space on offer, this is an opportunity not to miss.
- 295sqm (approx) of office space
- Polished quality concrete floors
- High quality mirrors
- Contemporary wall art
- Bright and modern colour scheme
- Separate office spaces, kitchenette and bathrooms
- Breakout space
- Reception area with storage room
- Dual access points
- Ample power points spaced around office areas
- Reverse cycle heating and air-conditioning
- Prime location on Mitchell's busiest street
- Access to parking and public transport
- Access to the new Canberra Metro Light Rail
- 10 minutes drive from Canberra CBD, and 5 minutes from Gungahlin Town Centre
This property presents an excellent opportunity for buyers seeking a passive investment in an area that will continue to appeal to prospective tenants.
For a copy of the Information Memorandum or to view the property please contact Frank Giorgi 0412135982

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Price: $737,500    Building: 295m²    Land: 295m²    Occupancy: Tenanted



This 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. Approximately 272 sqm in size and competitively priced, this showroom and warehouse offers your business fantastic signage opportunities along with a professionally presented premises.
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. Parking on the street is available for staff and clients alike directly in front of the unit, whilst there is an abundance of public parking near by in Kemble Court.
FOR SALE $640,000.00 plus Gst
rates $6,3470 pa
Body corp 1976 pa
Water sewage 620 pa
FOR LEASE $47,600 pa plus Gst
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Price: $640,000    Rent: $47,600 p.a.    Building: 272m²    Occupancy: Vacant

Properties located in the surrounding suburbs


Retail | Offices

Wayfarer, completed in December 2016 is Canberra's tallest apartment building with 331 apartments and four ground floor commercial tenancies. The development is located on Eastern Valley Way in Belconnen only a short walk from Lake Ginninderra, Canberra International Sports and Aquatic Centre and Westfield Belconnen. Available for sale or lease are 3 three ground floor commercial tenancies of 99sqm*, 124sqm* and 133sqm* suitable for retail and office users.
Available Units
Unit 97 - 99sqm*
Unit 98 - 124sqm*
Unit 237 - 133sqm*
This is the perfect opportunity to purchase or lease in Belconnen's newest development.
Contact Raine and Horne Commercial for further information.

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Price/Rent: $435,000-$570,000    Building: 99m² - 133m²    Occupancy: Vacant


Suburb Summary - Mitchell, ACT 2911

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $2022 $167 8.28%
Retail $2579 $200 7.76%
Industrial $1922 $151 7.84%
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.

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