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2 Paspaley Street
Hume ACT 2620
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Sold on 21 Oct 2022

2 Paspaley Street Hume ACT 2620

  • Factory, Warehouse & Industrial
  • 4,060 m²
  • Sold

Magnificent Modern Industrial Trophy

    Burgess Rawson is pleased to offer to the market, 2 Paspaley Street, Hume for sale via our Auction Investment Portfolio 156.

    The property has the following investment highlights:

    + 10 year lease to 2027 plus options to 2042
    + Established since 1856, Viridian is the largest glass processor in Australia
    + Net lease, tenant responsible for all outgoings including property management and repairs and maintenance
    + Compounding 2.75% annual rent increases ($653,565 pa* in 2026)
    + Brilliant 4,060sqm* purpose built industrial facility constructed in 2016 providing depreciation benefits
    + Versatile clear span warehouse, gantry cranes and B-Double access
    + Gateway position just off the Monaro Hwy, under 15km* from Canberra CBD
    + Net Income: $602484 pa* + GST

    To be sold by Investment Portfolio Auction
    10:30am (AEDT) Tuesday 25 October 2022
    Yallamundi Rooms, Sydney Opera House

    *approx.

    AUCTION

    Auction date and time25/10/2022 10:30
    Auction locationYallamundi Rooms, Sydney Opera House
    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold21 Oct 2022
    Floor Area4,060 m²
    Land Area1.27 ha
    ParkingAsk Agent
    Property ID2018096469
    Category
    Last updated  26 Oct 2022
    Map for 2 Paspaley Street Hume ACT 2620

    Nearest transport* to 2 Paspaley Street Hume ACT 2620

    Bus
    Environa Dr Opp Salt Bush Pde1.1 km
    Oxalis Cres Opp Tassel Tce1.2 km
    Oxalis Cres After Maidenhair Rd1.4 km
    Oxalis Cres Opp Elkhorn Rd1.4 km
    This data is © 2024 Transport Canberra, licenced under CC BY 4.0.
    *Within a 4km radius
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    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold21 Oct 2022
    Floor Area4,060 m²
    Land Area1.27 ha
    ParkingAsk Agent
    Property ID2018096469
    Category
    Last updated  26 Oct 2022

    Co-Agents

    Rhys Parker
    Burgess Rawson Sydney
    Call
    0451 101 042
    Geoff Sinclair
    Burgess Rawson Sydney
    Call
    0451 462 759

    More about 2 Paspaley Street Hume ACT 2620

    2 Paspaley Street Hume ACT 2620 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 4,060 m² and a land area of 1.27 ha. The listing ID for this property is 2018096469.

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