Unit 5, 56 Heffernan Street, Mitchell, ACT 2911

Investment | Industrial | Retail

Sold $650,000

  • Property ID: 277586
  • Floor Area: 280m²
  • NBN Availability: Service Available - Fibre to the premises (FTTP)
  • Nearby Parking: Private
  • Cafes: 20+ nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 13/12/2017 280m2 N/A Contact Agent
RARE INVESTMENT OPPORTUNITY IN MITCHELL

Unit 5, 56 Heffernan Street is a strata titled unit with a footprint of 240sqm*, comprising clear span warehouse, a retail shopfront and mezzanine storage area of 40sqm* (STCA) providing a total floor area of 280sqm*. The permitted gross floor area for the unit is 360sqm so there is potential to increase the floor area further if desired. The unit sits adjacent to 4 similar units with a common car parking. The property is located within the ‘IZ2 Industrial Mixed Used’ zone allowing for a wide range of businesses and trade uses.

• 280sqm* strata unit with ample parking
• Potential to increase the floor area to 360sqm
• Clear span/high clearance warehouse
• Tidy front showroom and service counter
• Excellent street exposure
• Leased until Sep 2019 + 3 year option
• Net income: $32,520pa
• Ideal entry level investment

For Sale by Public Auction: Tuesday 12th December 2017 at 11.00am at the CBRE Canberra Office. For more further information or to arrange an inspection please contact the exclusive agents of CBRE.

Approx*

Additional Information
Features
  • Zoning: IZ2
Mitchell Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $1992 $185 9.28%
Industrial $1667 $179 10.74%
Offices $1851 $185 9.97%
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.
Agency Details

CBRE Canberra

Level 12, 14 Moore Street, City, ACT 2601

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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™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of Unit 5, 56 Heffernan Street, Mitchell, ACT 2911. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of Unit 5, 56 Heffernan Street, Mitchell, ACT 2911. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 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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