5/11 Tralee StreetHume ACT 2620
Property Details for 5/11 Tralee St, Hume
Last Listing description (September 2023)
For sale are units 5 & 6 of 11-13 Tralee Street, Hume, the units are perfectly positioned within a 3 building, 6 unit industrial development in the Heart of Hume. The complex sits on a huge 15,006m2 block.
Industrial property has undergone a huge resurgence Nationally in the last 3 years, with Hume being no exception. Land values and rents are growing significantly with restricted land supply ensuring there will be minimal new available supply in coming years.
The units are currently occupied as a large single tenancy, comprising of a single level office component to the front and high clearance warehouse space with multiple roller door access to the rear.
There are 35 carparking spaces allocated to the tenant on the common property.
The current tenant, National Mail and Marketing, has been in the building since 2002 with current lease expiring 17 December 2027
The property offers an excellent investment opportunity for the discerning investor, with features of:
* Annual net rent of $527,864 plus GST
* 4,082m2 building are (U5 - 2,401m2 + U6 1,681m2) plus 35 car parks
* Annual rent reviews 3.5%
* Leased below market rates
* Leased to National Mail and marketing until 17/12/2027.
For sale by Expressions of Interest, closing at 3pm on Thursday the 28th of September.
For more information or an inspection please contact Doug O'Mara on 0412 485 181 or Andrew Smith on 0409 600 471.
Property History for 5/11 Tralee St, Hume, ACT 2620
- 31 Aug 2023Listed for Sale Expressions Of Interest
- 29 Jul 2019Listed for Sale Contact Agent
- 05 Jun 2019Listed for Sale Not Disclosed
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0About 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.
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