OFF MARKET

2/143-161 Lysaght Street
Mitchell ACT 2911

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 810m2
Land area: 3555m2
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Property Details for 2/143-161 Lysaght St, Mitchell

Building Type
Commercial
Floor Size
810m2
Land Size
3555m2
Local Government
Gungahlin
Lot/Plan
MITCHELL: Block 11, Section 1, Unit 2

Last Listing description (March 2018)

Unit 2, 56 Hoskins Street is set within a high clearance industrial strata building on a significant corner fronting Hoskins and Lysaght Street. The strata building was developed in circa 1990 and has excellent exposure to the major arterial roads of Mitchell and the high volume of daily passing traffic.
Unit 2 is an 810m strata unit split across two levels of commercial space which has rear access and male and female toilets within the premises.
The unit is 100% occupied by two businesses, Jolt Games and Bikram Yoga. Both tenants have lease arrangements until late 2019 and with further 5-year options to extend. In addition, both tenants feature attractive and fixed annual rent reviews of 4% per annum.

Unit 2, 56 Hoskins Street provides the opportunity for an investor or future occupier to acquire a fully-leased and prominent strata unit in a high trafficked location. The property presents an excellent opportunity for buyers seeking a passive investment in an area that will continue to appeal to prospective tenants into the future.

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Property History for 2/143-161 Lysaght St, Mitchell, ACT 2911

A timeline of how this property has performed in the market
Last Sold
$1,060,000
09 May 2019
Listed for Rent
$1.36k/w
04 Feb 2015
  • 09 May 2019
    Sold for $1,060,000
  • 21 Feb 2017
    Listed for Sale Not Disclosed
  • 21 Jul 2016
    Transferred
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About Mitchell 2911

The size of Mitchell is approximately 3.4 square kilometres. It has 5 parks covering nearly 39.5% of total area. The population of Mitchell in 2006 was 3 people. By 2011 the population was 6 showing a population growth of 100.0% in the area during that time. The predominant age group in Mitchell is 50-59 years. In general, people in Mitchell work in a trades occupation..

Mitchell has 631 properties.

    There are currently 4 properties listed for sale, and 21 properties listed for rent in Mitchell on OnTheHouse. According to CoreLogic's data, 22 properties were sold in the past 12 months in Mitchell.

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