Mitchell Office Interest - Commercial Real Estate ID 397183

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35-43 Essington Street, MITCHELL ACT 2911

Prop ID: 397183

INTEREST

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35-43 Essington Street, Mitchell

35-43 Essington Street, MITCHELL ACT 2911

Building Area:

3,285 m²

Occupancy:

vacant possession

EOI Close Date:

11/03/2010 4:00:00 PM

The property is well located on a well elevated site on the corner of Vicars Street and Essington Street in the Industrial suburb of Mitchell. The property is surrounded by single level industrial warehouse buildings. The block has a moderate slope from Vicars street to the rear of the site and enjoys access from both Vicars and Essington Street.

There are two buildings currently located on the site with development approval for an additional two buildings. Building 1 comprises of a large warehouse currently occupied by Moen Glass. At the southern end of the building there are ground floor offices and lunch room with mezzanine offices above.

Building 2 is occupied by 2 tenants, Performance Windows and Bartter Enterprises. The building was originally constructed as a cold store and is partially occupied by a chicken wholesaler with the balance used for the construction of windows. The area occupied by Bartter contains an air conditioned office area with separate offices, lunch room, with male and female toilets and a large freezer room with two loading docks and ramp access.

Building 3 and 4 have DA approval for two buildings comprises of offices, warehouse areas and basement parking.

There is a concrete driveway and hardstand car parking area.

The property represents an excellent opportunity for investor/developer to take advantage of the cash flow generated by secure tenancies and further develop what is currently an under-utilised industrial site.

Expression of Interest: Ray White Commercial Canberra 2010 Sales Event, all auctions will be at: Canberra Business Event Centre, Regatta Point Commonwealth Park Acton ACT 2601, on the 11th March 2010 commencing from 10am. Expression of Interest closing 4pm on the 11th March 2010.

For more information please contact:

John Price: 0412 266 194
john.price@rwcanberra.com.au

Doug O’Mara: 0412 485 181
doug.omara@rwcanberra.com.au

Ray White Commercial Canberra
17-23 Townshend Street Phillip ACT 2606
Ph: 02 6162 0681 Fax: 02 6162 0682

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Ray White Commercial

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John Price

Mobile: 0412 266 194

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Ray White Commercial, Sydney

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Property for interest - ID 397183

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