Colliers International is pleased to offer 54 Hoskins Street for sale, offering astute investors the opportunity to own this single title, multi-tenanted office and industrial property on the main street of Mitchell.
The property is positioned with high-profile frontage to Hoskins Street, with secondary frontage to Grimwade Street. Dual frontage provides the ideal combination of retail presence and functional access to the rear of the property.
The ideally positioned 2,133m²^ site comprises a mix of retail, office and industrial space. Located in the heart of Mitchell, north Canberras primary industrial precinct, the property is ideally situated to ensure long term demand.
The property is occupied by five tenants including Burning Log, Asscent Training, Canberra Boilers, Dyna Tune and Sangrok World Taekwondo Academy. The property boasts a staggered lease expiry profile and a WALE of 4.56 years as at 1 December 2019^
The passing gross income for the property is $220,396 ex GST per annum*
*as provided by owner
^Approximate
For more further details or to arrange an inspection please contact Colliers International.