2 Paspaley Street,
Hume, ACT 2620
Warehouse, Factory & Industrial • Development Sites & Land • Showrooms & Large Format Retail
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Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh StreetSYDNEY, NSW 2000
2 Paspaley Street
Hume, ACT 2620
Map of 2 Paspaley Street
Magnificent Modern Industrial Trophy
- Commanding 12,707sqm* Site
- Largest glass processor in Australia
- 10 year lease plus options to 2042
Burgess Rawson is pleased to offer to the market, 2 Paspaley Street, Hume for sale via our Auction Investment Portfolio 156.
The property has the following investment highlights:
+ 10 year lease to 2027 plus options to 2042
+ Established since 1856, Viridian is the largest glass processor in Australia
+ Net lease, tenant responsible for all outgoings including property management and repairs and maintenance
+ Compounding 2.75% annual rent increases ($653,565 pa* in 2026)
+ Brilliant 4,060sqm* purpose built industrial facility constructed in 2016 providing depreciation benefits
+ Versatile clear span warehouse, gantry cranes and B-Double access
+ Gateway position just off the Monaro Hwy, under 15km* from Canberra CBD
+ Net Income: $602484 pa* + GST
To be sold by Investment Portfolio Auction
10:30am (AEDT) Tuesday 25 October 2022
Yallamundi Rooms, Sydney Opera House
*approx.
The property has the following investment highlights:
+ 10 year lease to 2027 plus options to 2042
+ Established since 1856, Viridian is the largest glass processor in Australia
+ Net lease, tenant responsible for all outgoings including property management and repairs and maintenance
+ Compounding 2.75% annual rent increases ($653,565 pa* in 2026)
+ Brilliant 4,060sqm* purpose built industrial facility constructed in 2016 providing depreciation benefits
+ Versatile clear span warehouse, gantry cranes and B-Double access
+ Gateway position just off the Monaro Hwy, under 15km* from Canberra CBD
+ Net Income: $602484 pa* + GST
To be sold by Investment Portfolio Auction
10:30am (AEDT) Tuesday 25 October 2022
Yallamundi Rooms, Sydney Opera House
*approx.
Property ID: 504168587Last Updated: 17 May 2023
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Burgess Rawson Canberra Commercial - Dickson501/23 Challis Street
DICKSON, ACT 2602
DICKSON, ACT 2602
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