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