10-14 Vicars Street, Mitchell, ACT 2911

Rural | Industrial | Development/Land

Sold $2,200,000

  • Property ID: 158125
  • Floor Area: 1437m²
  • Land Area: 4801m²
  • NBN Availability: Service Available - Fibre to the premises (FTTP)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 24/03/2010 1437m2 4801m2 Contact Agent
For Sale or Lease with Vacant Possession and Broad Range of Uses Permissible

10-14 Vicars Street Mitchell was constructed in 1995 and is a free standing former mail delivery centre of one and two storey configuration and bitumen sealed carparking.

The ground floor comprises an open plan mail sorting area with separate male and female facilities. The entry foyer is positioned at the front of the building and features an automatic glass sliding door from street level.

The upper floors are accessed via an internal staircase and provide open plan office with 3 smaller offices, boardroom, kitchen, toilet facilities, showers and personal storage locker rooms.

The property features bitumen sealed carparking area with attractive landscaping and staff break out area.

Vehicular access to the property is from Vicars Street whilst the loading dock is accessed from Callan Street.

The current Crown Lease purpose clause outlines the property's use only "for the purpose of a Mail Delivery Centre and ancillary uses".

A Development Application will be lodged to vary the Crown Lease purpose clause. Subject to ACTPLA approval the DA will allow the property to be used for the following purposes:

(i) Ancillary use;
(ii) Communications facility;
(iii) Community use;
(iv) Craft workshop;
(v) Defence installation EXCLUDING all proposals where exercise activities are held, which involve the use of off-road vehicular movement, ammunition (live or blank), explosive devices or aircraft flyovers;
(vi) Freight transport facility;
(vii) Indoor recreation facility LIMITED TO gym and personal training;
(viii) Industrial trades;
(ix) Light industry;
(x) Plant and equipment hire establishment;
(xi) Recyclable materials collection;
(xii) Recycling facility;
(xiii) Scientific research establishment PROVIDED ALWAYS THAT this use may not be undertaken for the use or testing of one or more of the following: toxic chemicals, radioactive materials or explosive materials; human, animal or plant diseases; live animals; genetic engineering; and/or industrial processes which may interfere with the amenity of the surrounding area because of noise, vibration, odours or emissions; for an agricultural research facility involving one or more of the following: the use of agricultural chemicals or the keeping of stock at greater intensity than normal agricultural practice; experimentation with plant or animal diseases, or genetically-altered organisms; the introduction of plant or animal species that are not already established in the ACT; the use of radioactive material;
(xiv) Store;
(xv) Transport depot; and
(xvi) Warehouse;

This DA provides tremendous opportunities for this large 4,801 sqm block to suit the broad uses proposed.

The site is situated on a corner block with good street frontage. Vicars Street runs parallel with Flemington Road, a major arterial road to the Gungahlin Town Centre, approximately 3km distant. Mitchell is Canberra's second major industrial suburb. It is situated on the northern perimeter of the City with good access to both the Federal and Barton Highways, the major roadways connecting the National Capital to Sydney and Melbourne. Canberra's CBD is approximately 10km distant, while the airport enjoys freeway conditions and is a 20 minute drive.

For further information on the sale of the property or to arrange for an inspection of this property, please contact the nominated representatives of CB Richard Ellis, Canberra.

Additional Information
Features
  • Zoning: IZ1 - General Industrial Zone
  • Car Spaces: 40 On grade parking
Mitchell Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $1992 $204 10.23%
Industrial $1667 $173 10.37%
Offices $1992 $188 9.42%
This is the average advertised price, rent and yield for Mitchell, ACT 2911*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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