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24 Tralee Street Hume, ACT 2620

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24 Tralee Street,
Hume, ACT 2620

Warehouse, Factory & Industrial • Showrooms & Large Format Retail

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Map of 24 Tralee Street

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Set and Forget’ Freestanding Investment with 7 Year Lease

24 Tralee Street provides prospective investors with a distinctive opportunity to purchase a large land holding in Canberra’s premier industrial market. After several years of plateaued development throughout the GFC, the Canberra industrial market has thrived, evidenced through the evolution of estates such as the privately developed Walker Industrial Estate and the ACT Government’s Hume West Estate. The success of these states over the past several years has yielded maximum occupancy rates with the exception of approximately two sites yet to be committed.

24 Tralee Street is located in the midst of this development activity on the main trajectory to the current development ‘hot spots’ in Canberra’s industrial market. Additionally, the current occupant, Roadmaster, has occupied the site for some 18 years in its’ current format, however, over 25 years in total operations on the site.

Features of this opportunity include:

- Site area of approximately 10,170 sqm. Large sites in Canberra are limited in supply and rarely becoming available.

- Solid income on an initial seven (7) year term with a five (5) year option.

- Wide street frontage with dual driveway access and highway visibility, easily accessible from major arterial roads.

- Future flexibility with further development potential allowing a total of 7,635 sqm.


Contact either Daniel McGrath or Joseph Rennie at Knight Frank for more details or to arrange an inspection.

Hume, 2620 demographic data

The median household income for Hume is $1,187, 50% lower than Australian Capital Territory's household income of $2,373. Hume has a younger age profile compared to the rest of Australian Capital Territory (median age 34 vs 35). Property ownership data shows 0% of property owners in Hume have a mortgage.

395
Population
$1,187 per week
Median household income
34 years
Median age
Owners
Most residents
-
Most households
02 6230 78...
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24 Tralee Street
Hume, ACT 2620
Knight Frank - Canberra
Suite 9.02, 5 Constitution Avenue
CITY, ACT 2601

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