OFF MARKET

1 Val Reid Crescent
Hume ACT 2620

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5005m2
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Property Details for 1 Val Reid Cres, Hume

Building Type
Commercial
Land Size
5005m2
Local Government
Tuggeranong
Lot/Plan
HUME: Block 89, Section 22

Last Listing description (October 2023)

Colliers are pleased to present to the market for prelease 1-9 Val Reid Crescent, Hume, a high-quality large-scale industrial facility offering up to ~9,764m of NLA on a single site.

The large 1.5ha site will be developed over 2 stages offering users multiple different accommodation options between 3,034 9,764m.

Stage 1 has recently commenced construction and will see a 3,034m facility comprising circa 2,486m warehouse, 293m of office and 255m of mixed-use space delivered for occupation from Q1/2 2024.

Stage 2 will see a further 6,730m NLA comprising 730m office and 6,000m warehouse delivered for occupation available from Q4 2024.

This multi-stage development provides the opportunity for multiple individual tenancies acting independently on the one site with dedicated facilities or for larger tenant occupiers to secure 3,034m initially and then expand into the larger 6,730m facility at a later date for a consolidated, staggered take up style approach.

The site offers city-wide connectivity with majority of the ACT population base (490,000+ people) within a short 30-minute drive radius. This access to the local and interstate region allows user groups to service the whole of ACT, Queanbeyan and surrounds from a single consolidated and efficient footprint.

Stage 1 Construction Commenced
+ Address: 1 Val Reid Crescent, Hume
+ Warehouse: ~2,486m
+ Office: ~293m
+ Other Space: ~255m
+ Total Building: ~3,034m
+ Car Parking: 33 spaces
+ Available from Q1/2 2024

Stage 2 Design Finalisation
+ Address: 5-9 Val Reid Crescent, Hume
+ Warehouse: ~6,000m
+ Office: ~730m
+ Total Building: ~6,730m
+ Car Parking: 73 spaces subject to design finalisation
+ Available from Q3/4 2024

Key Features for both stages:
+ 10m internal clearance with a 11m ridge height
+ 5m awning for all weather loading
+ 500,000L ESFR Sprinkler system Cat 4 High Hazard
+ High-clearance roller doors
+ Full height precast construction
+ Approved B-Double reticulation space
+ Corporate grade office
+ Dedicated hardstand and staff/customer parking onsite
+ Dual street frontage for drive-through capabilities
+ Integrated racking systems are available upon request

For more information, please contact the exclusive listing agents:

Property History for 1 Val Reid Cres, Hume, ACT 2620

A timeline of how this property has performed in the market
Last Sold
$3,000,000
10 Jun 2022
Listed for Rent
$220/w
12 Sep 2023
  • 12 Sep 2023
    Listed for Rent - Price not available
  • 31 Jan 2023
    Listed for Rent - Price not available
  • 10 Jun 2022
    Sold for $3,000,000
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About Hume 2620

The size of Hume is approximately 8.5 square kilometres. It has 2 parks covering nearly 23.8% of total area. The population of Hume in 2011 was 309 people. By 2016 the population was 440 showing a population growth of 42.4% in the area during that time. The predominant age group in Hume is 20-29 years. In general, people in Hume work in a machinery operators and drivers occupation..

Hume has 445 properties. As at 31 October 2024:

  • The median value for Houses in Hume is $2,277,007.
There are currently 4 properties listed for sale, and 10 properties listed for rent in Hume on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Hume.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.