Located in the heart of Mitchell, a tightly held industrial suburb at the doorstep of the rapidly growing northern corridor of Canberra, 17-19 Huddart Court/63 Brookes Street presents itself as an unrivalled investment or long-term development opportunity in a highly desired location. Its position between the Federal and Barton Highways ensures rapid turnaround times for both local and interstate transport routes, whilst being only 15 minutes from the Canberra City Centre.
Featuring dual frontage onto Huddart Court and Brookes Street, this site offers great accessibility and flexibility. Having frontage on two of Mitchell's most prominent streets, also further enhances a tenant's exposure to oncoming traffic.
The building consists of warehouse, office and amenities, with ample public car parking nearby. Comprising of a total block size of 2,601sqm with 30m frontage at both ends of the site, there is also abundant hard stand space for storage or parking requirements. The block is currently zoned as IZ2 - Industrial mixed use.
Currently leased to a blue-chip Canberra business, the property provides a net income of approximately $136,000 p.a. on a lease that is set to expire in December 2027 with 2x 6-year options available to extend the tenant's occupation.
17-19 Huddart Court/63 Brookes Street Mitchell is For Sale by Expression Of Interest (EOI), closing Thursday 19 September 2024 at 4pm.
For more information or to arrange an inspection, contact the Exclusive Agents Michael Ceacis and Sam Gibson of Canberra Commercial.