Investment | Industrial | Retail

Property ID: 277586

 

RARE INVESTMENT OPPORTUNITY IN MITCHELL

Unit 5, 56 Heffernan Street, Mitchell, ACT 2911

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*

Sold

$650,000

Troy Markos