Rare Industrial Warehouse/Development Opportunity

Burgess Rawson is delighted to introduce this extraordinary investment opportunity, available for sale via Expressions of Interest, closing 4pm on the 11th of September 2023.

Situated in between Pacific Formwork and Canberra Sand and Gravel, the 1631sqm block consists of one 416sqm warehouse spilt into 3 smaller units with tenancies to National Skylights and Manteena Security on a month-to-month lease and would suit an investor or future owner-occupier.

This site provides a tremendous opportunity for an owner occupier to secure their future, an investor to lift the rents to market rates or an astute developer to knockdown and rebuild modern units/warehouse on the site. With industrial land becoming very scarce in Canberra an opportunity like this for a smaller operator is very limited and with no Stamp Duty on the sale allows a much cheaper entry cost.

Located in Canberra’s main industrial precinct, Hume is ideally situated 15 km South of Canberra’s CBD, 8 km from Queanbeyan, NSW, and benefits from ease of access to the Monaro Highway, linking to Sydney, Melbourne, Cooma, and the Monaro regions in the South.

Hume is home to a diverse range of businesses and industries, making it a dynamic and vibrant location for a multitude of users.

Highlights:
– IZ1 – General Industrial Zone
– Land Area: 1631sqm
– Total Warehouse Area: 416sqm
– Rare Small Industrial Land
– Development or Owner Occupier
– Significant Rental increases for investors
– No Stamp Duty
– No GST as ongoing concern
– Secure fenced yard
– IZ1 – General Industrial Zone

Lessee: Manteena Security & National Skylights
Term: Month to Month Leases

Rent: $29,454.55 (plus GST) p/a

For Sale by Expressions of Interest, Closing at 4pm on Monday the 11th of September 2023.

For more information, please call Guy Randell on 0430 272 999 or Steve Burke on 0428 434 464.