56 Hoskins Street Mitchell, ACT 2911
09 May 2019
High yielding, high profile commercial investment
- 100% leased with new 5-year leases
- Stamp duty exempt
- Prime corner position
• 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.
Property ID: 503155062Last Updated: 22 May 2019