SOLD
Sold on 23 Feb 2024 for $1,800,000

4-6 Jenke Circuit
Kambah ACT 2902

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8420m2
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Property Details for 4-6 Jenke Cct, Kambah

Building Type
Commercial
Land Size
8420m2
Local Government
Tuggeranong
Lot/Plan
KAMBAH: Block 9, Section 276

Last Listing description (February 2021)

6 Jenke Circuit offer the discerning investor a unique opportunity to acquire a large warehouse facility, sited in a strategically positioned pocket of the Tuggeranong Valley.

Located under 3.5km from the Tuggeranong Group Centre and under 500m from Drakeford Drive, this developed enclave of Canberra's largest suburb, neighbours a unique mix of tenants including, 7 Eleven, Hungry Jacks, Club Lime, Storage King, IGA, a Childcare Centre, along with several places of worship.


The key features of this outstanding facility include:

Building Size - 3,283m approximately
Land Size - 8,420m approximately
100% occupied
WALE 3.3 years (by income)
Net income of approximately $300,646 per annum plus GST*
Fixed annual rent reviews from 3% - 3.5%
Solid clear span, tilt slab construction
Easy to manage investment consisting of two tenants
All figures are as at 15 November 2019

Please call or email the exclusive agents, to request an Information Memorandum.

Property History for 4-6 Jenke Cct, Kambah, ACT 2902

A timeline of how this property has performed in the market
Last Sold
$1,800,000
23 Feb 2024
Listed for Rent
30 Aug 2016
  • 23 Feb 2024
    Sold for $1,800,000
  • 04 Dec 2020
    Sold for $3,000,000
  • 21 Oct 2019
    Listed for Sale Price on Application
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About Kambah 2902

The size of Kambah is approximately 11.3 square kilometres. It has 47 parks covering nearly 31.1% of total area. The population of Kambah in 2011 was 15,447 people. By 2016 the population was 14,918 showing a population decline of 3.4% in the area during that time. The predominant age group in Kambah is 60-69 years. Households in Kambah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kambah work in a professional occupation. In 2011, 75.6% of the homes in Kambah were owner-occupied compared with 75.4% in 2016.

Kambah has 6,563 properties. Over the last 5 years, Houses in Kambah have seen a 47.79% increase in median value, while Units have seen a 56.76% increase. As at 30 November 2024:

  • The median value for Houses in Kambah is $830,061 while the median value for Units is $649,201.
  • Houses have a median rent of $650 while Units have a median rent of $515.
There are currently 9 properties listed for sale, and 5 properties listed for rent in Kambah on OnTheHouse. According to CoreLogic's data, 207 properties were sold in the past 12 months in Kambah.

Suburb Insights for Kambah 2902

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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.