24 Tralee Street, Hume, ACT 2620

Industrial | Showrooms

For Sale By Negotiation

  • Property ID: 315462
  • Floor Area: 2099m²
  • Land Area: 120000m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the node (FTTN)
‘Set and Forget’ Freestanding Investment Providing a Minimum 8.5% Return

24 Tralee Street provides prospective investors with a distinctive opportunity to purchase a large land holding in Canberra’s premier industrial market. After several years of plateaued development throughout the GFC, the Canberra industrial market has thrived, evidenced through the evolution of estates such as the privately developed Walker Industrial Estate and the ACT Government’s Hume West Estate. The success of these states over the past several years has yielded maximum occupancy rates with the exception of approximately two sites yet to be committed.
24 Tralee Street is located in the midst of this development activity on the main trajectory to the current development ‘hot spots’ in Canberra’s industrial market. Additionally, the current occupant, Roadmaster, has occupied the site for some 18 years in its’ current format, however, over 25 years in total operations on the site.
Features of this opportunity include:
- Site area of approximately 10,170 sqm. Large sites in Canberra are limited in supply and rarely becoming available
- Solid income on an initial five (5) year term with options
- Net lease returning a minimum 8.5% yield.
- Wide street frontage with dual driveway access and highway visibility, easily accessible from major arterial roads
- Future flexibility with further development potential allowing a total of 7,635 sqm
Contact either Daniel McGrath or Erika Stone at Knight Frank for more details or to arrange an inspection.

Hume Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $2369 $153 6.44%
Retail $2466 $181 7.34%
Industrial $2369 $150 6.34%
This is the average advertised price, rent and yield for Hume, ACT 2620*
* 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

Knight Frank Canberra

64 Allara Street, Canberra, ACT 2600

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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™.
  • 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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