Share this property

Directions

Home Timber & Hardware, 251 Hindmarsh Drive Phillip, ACT 2606

Directions

Sold

Home Timber & Hardware, 251 Hindmarsh Drive Phillip, ACT 2606

Shop & Retail • Showrooms & Bulky Goods
Sold Price

Contact Agent

Land area

2581.0m²

Floor area

2506.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Sold on

15 May 2013

Opposite Westfield: Brand New Lease to Woolworths Subsidiary

  • Strategic location opposite Westfield
  • Brand new lease to Woolworths subsidiary
  • Long term redevelopment potential STCA
Brand new 7+7+7+7 year Lease to blue chip tenant, Home Timber and Hardware (HTH Pty Ltd), 67% owned by Woolworths and 33% by Lowes (USA).
Strategic location opposite major Westfield shopping centre and supported by the adjacent Ford, Shell/Coles Express, KMart Tyre & Auto Service and First Choice Liquor.
Major 2581m2* site with 21 car parks on title and adjoining large public car park.
Two level building of 2,506m2* recently refitted internally to Home Timber and Hardware corporate standard and currently being rebranded externally.
Long established and proven hardware business.
Home Timber & Hardware: Long established and growing network of over 240 stores across Australia.
Rents reviewed annually to CPI capped at 3.5%, with market reviews capped and collared at 10% at commencement of option periods.
Attractive net Lease structure with tenant responsible for Rates, Taxes, Building Insurance, Repairs and Maintenance.
Commencing Net Rent: $351,000 p.a.
Phillip: A well established suburb of Canberra, Australia’s Capital City having a population of 391,645 (2011 census)

Property ID: 500703895Last Updated: 19 May 2016

Home Timber & Hardware, 251 Hindmarsh Drive
Phillip, ACT 2606

Agency contacts

Burgess Rawson - Melbourne

View Profile

Burgess Rawson - Melbourne

Level 7,140 Bourke Street
MELBOURNE, VIC 3000

View Profile

Burgess Rawson - Sydney

Level 17, 6 -10 O'Connell Street
SYDNEY, NSW 2000
progress tick

Sending email...

Email enquiry

Send to:

Billy Holderhead
Burgess Rawson - Melbourne
Home Timber & Hardware, 251 Hindmarsh Drive Phillip, ACT 2606

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

Kind Regards,

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Select agent to call