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JLL - Canberra

Unit 3, 42-44 Essington Street, Mitchell, Essington Street Mitchell, ACT 2911

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Unit 3, 42-44 Essington Street, Mitchell, Essington Street,
Mitchell, ACT 2911

Warehouse, Factory & Industrial

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0429 *** ***
JLL - Canberra
Unit 3, 42-44 Essington Street, Mitchell, Essington Street
Mitchell, ACT 2911
JLL - Canberra
Mitch Frail

JLL - Canberra

Level 7, 121 Marcus Clarke Street
CITY, ACT 2601

Map of Unit 3, 42-44 Essington Street, Mitchell, Essington Street

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Attractive Industrial Investment in Tightly Held Location

  • New 5 Year Lease
  • Fixed 3.5% Rental Increases
  • Stamp Duty Exempt
JLL is proud to exclusively present Unit 3, 42-44 Essington Street, Mitchell for sale. located in Canberra's tightly held Northern Industrial precinct of Mitchell. 100% leased to O'Connor Commercial Refrigeration unit 3 is part of a small 4 unit light industrial strata complex. Refurbished in 2010 the unit includes 164 sqm of office & showroom, 187 of warehouse with a 6 meter height limit with roller door access and 107 sqm of approved mezzanine space with forklift access.

• New 5 year lease from 1 August 2020 plus 5 year option
• 100% leased to O'Connor Commercial Refrigeration ACT
• 458 sqm* unit zoned Light Industrial with excellent frontage to Essington Street
• Highly flexible unit with office and showroom accommodation, high clearance warehouse, workshop and approved mezzanine
• Located in Canberra's Northern Industrial precinct of Mitchell, adjacent to new Light Rail line, easily accessible via public transport and road networks servicing Canberra's fast growing northern region
• Attractive 3.5% annual rental increases
• Tenant responsible for all outgoings above base year 2020 as per lease
• Stamp Duty exempt
• Net income $70,585 pa + GST
For Sale By Auction 10:30am Wednesday 28 October 2020

*Approximately

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Property ID: 503659338Last Updated: 28 Oct 2020

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JLL - Canberra
JLL - Canberra
Level 7, 121 Marcus Clarke Street
CITY, ACT 2601
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Mitch Frail

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Mitch Frail
JLL - Canberra
Unit 3, 42-44 Essington Street, Mitchell, Essington Street Mitchell, ACT 2911

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

Kind Regards,

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