56 Hoskins Street,
Mitchell, ACT 2911
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Colliers - Canberra
Level 8, 68 Northbourne AveCITY, ACT 2601
04323446...
56 Hoskins Street
Mitchell, ACT 2911
Map of 56 Hoskins Street
High yielding, high profile commercial investment
- 100% leased with new 5-year leases
- Stamp duty exempt
- Prime corner position
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 Mitchell’s 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.
• 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: 2 Jul 2019
Colliers - CanberraLevel 8, 68 Northbourne Ave
CITY, ACT 2601
CITY, ACT 2601
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