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Unit 6-9, 189 Flemington Road Mitchell, ACT 2911

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Unit 6-9, 189 Flemington Road,
Mitchell, ACT 2911

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$2,200,000

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Map of Unit 6-9, 189 Flemington Road

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Mitchell Value Add Opportunity - Investors and Owner Occupiers

Located in a prominent position on the corner of Flemington Road and Lysaght Street, this property is only minutes' drive from the Gungahlin Town Centre and 15 minutes' drive from the Canberra CBD and Canberra International Airport. Mitchell services the ever growing northern suburbs of Canberra, providing a mix of light industrial, large format retail and office accommodation. Flemington Road is the major arterial road linking the Gungahlin Town Centre to the Federal Highway/Northbourne Avenue and is currently being developed to include Canberra's new Metro Light Rail, which runs straight past these properties.



189 Flemington Road is a modern three storey showroom/office/warehouse building comprising of 11 units in total, made up of 5 lower ground floor warehouse units, 4 ground floor showroom/office units, 2 first floor office suites and a free standing car wash. The building was completed in mid-2000, is finished to a high standard, has 50 on site car parks, good quality common amenities and a lift that services all floors.



Units 6, 7, 8 and 9 are all ground floor showroom/office units featuring street frontage, good natural light, ceilings, lighting and independent air conditioning. Unit 6 of 360 sqm is fully leased, Unit 7 of 105 sqm and Unit 8 of 90 sqm are vacant and Unit 9 of 610 sqm is approximately 60% leased. Units 7 and 8 are connected to a grease trap, providing the opportunity for a food retailer to occupy. These units ground floor location and excellent exposure make them ideal for a broad range of office, showroom and service retailers and we believe they will show strong rental and capital growth in the future.

Unit 6 - $730,000.00
Unit 7 - $300,000.00
Unit 8 - $285,000.00
Unit 9 - $1,100.000.00

For further details please contact Anthony Vatalis on 0403-839-822

Property ID: 502434290Last Updated: 14 Aug 2018

02 6275 14...
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Unit 6-9, 189 Flemington Road
Mitchell, ACT 2911
RWC - Canberra
Level 1, 32 Lonsdale Street
BRADDON, ACT 2612

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