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2 Paspaley Street, Hume, ACT 2620

2 Paspaley Street, Hume, ACT 2620

Industrial/Warehouse

  • Sold Contact Agent
  • Tue 04-Dec-18

Near New Industrial & Logistics Facility on Huge 12,707 sqm Landholding

  • 10 Year Net Lease + Options
  • Viridian: Market Leading Tenant
  • Major Tenant Fit-Out

  • Land Area
  • 1.27ha (3.14 acres) (approx)
  • Floor Area
  • 4,060 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Feb 11, 2019

Interested in this property? Contact an Agent today

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James Baker
Guy Randell, Burgess Rawson Canberra - KINGSTON
Guy Randell

Near New Industrial & Logistics Facility on Huge 12,707 sqm Landholding

Auction 11am AEDT Tuesday 4 December 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney NSW

Huge, strategic 12,707 sqm land area with rare drive through B-Double access
4,060 sqm high specification production, logistics/distribution building
Near new building with valuable depreciation benefits
Major tenant fit-out including gantry cranes
Rare 2 x 1 MVA Transformers with facilities to expand to 3 x 1 MVA

Gateway position off Monaro Highway, 10 km from CBD and strategic home to major occupiers including Toll, Cleanaway, Downer
Canberra: Australia’s capital with 380,000+ population

10 year lease until 2027 plus options to 2042
Valuable 2.75% annual rent increases (net income $653,565 in 2026)
Close to TRIPLE NET terms, tenant pays outgoings including property management
Viridian: Australia’s largest supplier of building glass

Net Income: $540,528 pa + GST

2 Paspaley Street, Hume, ACT 2620

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