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98 Sheppard Street Hume, ACT 2620

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98 Sheppard StreetHume, ACT 2620

Warehouse, Factory & Industrial
Sold Price

$4,050,000

Land area

0.46ha (1.13 acres)

Floor area

4471.0m²

Car spaces

40

Sold on

18 May 2016

Securely leased asset to AAA rated tenant

  • Commonwealth of Australia lease covenant
  • Lease expiry in January 2021
  • Secure facility used as a Data Centre
98 Sheppard Street is an industrial property utilised as a Data Centre and leased to the Commonwealth of Australia on a new five (5) year lease with expiry on 22 January 2021.

The property is located in the industrial suburb of Hume with the surrounding area predominantly occupied by manufacturing, transport and storage companies with an emergence of strata complexes offering a mix of industries and businesses.

• New 5 year lease to Commonwealth of Australia
• Annual CPI rent reviews
• Warehouse utilised as a Data Centre with GFA of 4,471 sqm*
• Corner site with site area of 4,554 sqm*
• Estimated Passing Net Rent $314,902 pa*
• Located on Sheppard Street, the main thoroughfare of Hume
*approximately

For Sale by Public Auction at 11:00am Wednesday 18 May 2016.

Property ID: 501923950Last Updated: 14 Jul 2016

0406 *** ***
JLL - Canberra
98 Sheppard Street
Hume, ACT 2620

JLL - Canberra

Level 7, 121 Marcus Clarke Street
CITY, ACT 2601

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JLL - Canberra

Level 7, 121 Marcus Clarke Street
CITY, ACT 2601
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Aaron Green

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Aaron Green
JLL - Canberra
98 Sheppard Street Hume, ACT 2620

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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