9/67 - 71 Vicars Street, Mitchell, ACT 2911

Industrial/Warehouse
THB ฿44,343,091
AUD $1,975,000
Published on: 09 Sep 2024
Last updated on: 09 Sep 2024
9/67 - 71 Vicars Street, Mitchell, ACT 2911
9/67 - 71 Vicars Street, Mitchell, ACT 2911
9/67 - 71 Vicars Street, Mitchell, ACT 2911
+10
9/67 - 71 Vicars Street, Mitchell, ACT 2911
  • 10
Property ID: 504683204
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Key property information

Floor Area
576.00 m2
Tenure Type
tenanted
Return on Investment
6.3

Sit And Forget Industrial Investment

9/67 - 71 Vicars Street, Mitchell, ACT 2911
67 – 71 Vicars Street is centrally located in the heart of Mitchell. Mitchell is a thriving and highly sought-after suburb in Canberra, with easy access to the Barton Highway and Monaro Highway. It offers an excellent location for various types of properties and businesses.

 Barton Commercial Property is delighted to bring to the market a 'sit and forget' investment in Canberra's most sought after industrial suburb. 

Currently occupied by Offshore Boat Sales who has the only Yamaha boat franchise in the Canberra and surrounding region for the past 10 years. 

Lease Termination date – 31 August 2033
Lease Option – 5 years 
Current rent - $124,200 + GST per annum
Yearly Increases – 3.5% fixed increase
Security – 3-month Bank guarantee and personal guarantors
Outgoings – Tenant pays 100% of outgoings 

Completely made up of high clearance warehouse throughout with a small office at the front of the unit + amenities.  The property is zoned IZ2 Industrial mixed use. 

Contact Barton Commercial Property for more information.

Property Details

Basic Info

Property Type
Industrial/Warehouse
Listing Status
On Market
Address
9/67 - 71 Vicars Street, Mitchell, ACT 2911
Patrick Barton
Patrick Barton
Unit 11, 8 Gladstone Street, Fyshwick, ACT 2609
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Patrick Barton
Patrick Barton
Unit 11, 8 Gladstone Street, Fyshwick, ACT 2609
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      Property ID: 504683204

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