Whole, 50-52 Colbee Court, Phillip, ACT 2606

Located on the busy Colbee Court side of Phillip. The unit is on the first floor with access to a rear car park.

 50 Colbee Court is a 2 level stand alone building located in the popular Phillip Services Trades precinct. 

With excellent frontage to Colbee Court and rear parking, this building will be highly sought after by owner occupiers and investors. The ground floor is currently used as a electrical wholesale showroom but will become vacant as part of the sale, with a rear roller door opening out to a loading dock and parking. 

Level 1 is currently split into two spaces, once of which is leased until 2028 and the other until 2027. 

The Phillip Trades area has an extremely low vacancy rate, with strong demand from tenants and increasing rentals rates. The on site and public parking surrounding the building ensure easy access for tenants and their clients.

The primary features of this opportunity are:

* 702sqm block of land
* 680sqm total building area (NLA of 614sqm)
* Estimated fully leased annual net rent of $148,370. 
* 12 rear car parks
* Large range of allowable uses, including storing and hire of goods, veterinary hospital, medical and dental clinic, retail sale of goods manufactured on the site, sale of liquor or take away food, restaurant, sale of hardware or camping equipment, sale of vehicle parts,  and accessories, office.

For Sale by Expressions of Interest, closing 23 April 2025 at 3pm. Early offers will be considered.

Please contact Andrew Smith on 0409 600 471 or [email protected] for more information or to inspect the building.