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



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

Shop & Retail • Showrooms & Bulky Goods
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Tenanted Investment

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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

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Burgess Rawson - Melbourne

Level 7,140 Bourke Street

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Burgess Rawson - Sydney

Level 17, 6 -10 O'Connell Street
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Billy Holderhead
Burgess Rawson - Melbourne
Home Timber & Hardware, 251 Hindmarsh Drive Phillip, ACT 2606

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

Kind Regards,

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