OFF MARKET

24 Tralee Street
Hume ACT 2620

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 10000m2
Land area: 10178m2
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Property Details for 24 Tralee St, Hume

Building Type
Commercial
Floor Size
10000m2
Land Size
10178m2
Local Government
Jerrabomberra
Lot/Plan
HUME: Block 13, Section 1

Last Listing description (May 2023)

24 Tralee Street provides prospective investors with a distinctive opportunity to purchase a large land holding in Canberra's premier industrial market. After several years of plateaued development throughout the GFC, the Canberra industrial market has thrived, evidenced through the evolution of estates such as the privately developed Walker Industrial Estate and the ACT Government's Hume West Estate. The success of these states over the past several years has yielded maximum occupancy rates with the exception of approximately two sites yet to be committed.

24 Tralee Street is located in the midst of this development activity on the main trajectory to the current development 'hot spots' in Canberra's industrial market. Additionally, the current occupant, Roadmaster, has occupied the site for some 18 years in its' current format, however, over 25 years in total operations on the site.


Features of this opportunity include:

- Site area of approximately 10,170 sqm. Large sites in Canberra are limited in supply and rarely becoming available.

- Solid income on an initial seven (7) year term with a five (5) year option.

- Wide street frontage with dual driveway access and highway visibility, easily accessible from major arterial roads.

- Future flexibility with further development potential allowing a total of 7,635 sqm.


Contact either Daniel McGrath or Joseph Rennie at Knight Frank for more details or to arrange an inspection.

Property History for 24 Tralee St, Hume, ACT 2620

A timeline of how this property has performed in the market
Last Sold
$4,275,000
26 Feb 2021
  • 26 Feb 2021
    Sold for $4,275,000
  • 02 Nov 2018
    Listed for Sale By Negotiation
  • 09 May 2009
    Listed for Sale EOI
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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.