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24 Tralee Street, Hume, ACT 2620

24 Tralee Street, Hume, ACT 2620

Industrial/Warehouse Showrooms/Bulky Goods

  • Sold Contact Agent
  • Tue 09-Mar-21

  • Land Area
  • 1.02ha (2.51 acres) (approx)
  • Floor Area
  • 2,099 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Mar 09, 2021

Interested in this property? Contact an Agent today

Knight Frank - Canberra

Level 4, 64 Allara Street

City ACT 2601

Set and Forget’ Freestanding Investment with 7 Year Lease

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 seven (7) year term with a five (5) year option.

- Wide street frontage

24 Tralee Street, Hume, ACT 2620

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