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Sold on 9 May 2019

56 Hoskins Street, Mitchell ACT 2911

  • Offices
  • Floor Size820 m²
  • PriceSold

High yielding, high profile commercial investment

Unit 2, 56 Hoskins Street offers purchasers a high yielding and prominent commercial investment set within a high clearance, industrial strata building on one of Mitchells busiest corners. Located fronting Hoskins and Lysaght Streets, Unit 2 is for sale via Auction on Thursday May 9 at 11am (if not sold prior) and presents a passive opportunity with an entry point below the $1.5m stamp duty threshold.

Circa 1990 development
Excellent exposure to major arterial roads
820m² NLA across two levels, each level providing specialised fit-outs, rear access and male and female toilets within the tenancies.
As at 1 April 2019 the property is 100% occupied by tenants Jolt Games and Bikram Yoga, who have both committed to new 5-year leases + option.
Estimated net income is $93,158 ex. GST and both leases feature fixed rental growth of 3% per annum.

Unit 2, 56 Hoskins Street provides the opportunity for an investor to acquire a long-term, fully-leased strata unit in a high trafficked location.

Contact Colliers International for more information and to arrange an inspection.

AUCTION

Auction date and time09/05/2019 11:00
Auction locationColliers International | Ground Floor, 21-23 Marcus Clarke Street, Canberra ACT 2601

Property Highlights

Property ID2015122119
Date Sold9 May 2019
Floor Area820 m²
Land AreaAsk Agent
ParkingOn site parking available
Category
Last updated  9 Apr 2019
Map for 56 Hoskins Street, Mitchell ACT 2911
Colliers International Canberra
21-23 Marcus Clarke Street Canberra ACT 2600

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