 Asset Class: | Industrial |
 Price: | $ 5600000 |
 Net Yield: | 6.30 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | On Market |
<p>Presenting an exceptional investment opportunity at 22 Couranga Crescent, Essential Business Park in Hume, ACT - a brand-new industrial development in Canberra's premier industrial precinct. This strategic offering comprises 28 modern industrial units ranging in size from 345m² to 955m², delivering versatile spaces with premium specifications for discerning investors and owner-occupiers.</p> <p>Strategically positioned just 15km south of Canberra's CBD and 8km from Queanbeyan, NSW, Essential Business Park offers unrivalled connectivity with easy access to Monaro Highway. The development features high-clearance warehouses with 5m high by 4m wide electric roller doors, mezzanine areas, internal amenities, and dedicated parking for each unit. Eight units include exclusive hardstand yards ranging from 262m² to 911m².</p> <p>Developed by The Fleming Group with expected completion in June 2024, these units present an outstanding opportunity to secure a foothold in Canberra's thriving industrial market. With IZ1 General Industry zoning allowing for diverse commercial applications including general industry, warehousing, transport depot, and many other permitted uses, these properties offer exceptional flexibility for various business operations.</p> <p>Each unit features high-quality construction with modern facades combining metal colorbond cladding, masonry and precast concrete panels, full-height precast concrete party walls, natural concrete flooring, standard LED high bay lighting, and dedicated amenities. With GST-exclusive prices ranging from approximately $1.2 million to $3.8 million, this development represents an outstanding investment prospect in one of Canberra's most strategic industrial locations.</p>
How old is the asset?
Vendor's reason for selling?
Days property been on market?
Is this property strata titled?
Are the seller and tenant related parties?
How long has the current tenant been on site?
How long has the tenant been in business?
Is this property in a flood zone?
Is this lease a leaseback arrangement?
<p><strong>Hume's Essential Business Park</strong> occupies a strategic position in Canberra's primary industrial precinct, offering exceptional logistics advantages and business connectivity. Located just 15km south of Canberra's CBD and 8km from Queanbeyan, NSW, the development benefits from direct access to the Monaro Highway, providing seamless transport links throughout the region.</p> <p>This premium industrial estate sits within a well-established business hub featuring diverse commercial operations including logistics, manufacturing, warehousing, and distribution centers. The location offers the perfect balance of accessibility and strategic positioning, with proximity to major population centers while maintaining the space and zoning flexibility needed for industrial operations.</p> <p>The surrounding area includes established commercial infrastructure, supporting businesses, and excellent transport connectivity, making it an ideal location for businesses requiring efficient distribution channels or servicing the broader Canberra region.</p>
Additional Location Information File<p>This offering represents a vacant possession opportunity, with no existing tenants in place as the development is scheduled for completion in June 2024. This presents investors with the flexibility to:</p> <ul> <li>Secure quality tenants in a market with strong demand for modern industrial spaces</li> <li>Negotiate favorable lease terms in line with current market conditions</li> <li>Consider owner-occupation for businesses requiring premium industrial facilities</li> <li>Structure optimal leasing arrangements across multiple units if acquiring several properties</li> </ul> <p>The IZ1 General Industry zoning permits a wide range of potential tenant uses including warehousing, transport depot, general industry, indoor recreation facility, and many other commercial applications, providing excellent flexibility for leasing strategies.</p>
Initial Term:
Security:
Security Info:
<p>This investment opportunity presents a compelling financial proposition with units priced at <strong>$3,500 + GST per square metre</strong>. Individual unit prices range from approximately <strong>$1.2 million to $3.8 million</strong> GST exclusive, with a 10% GST component to be added to the purchase price.</p> <p>The development offers various unit configurations across multiple buildings (A through G), with sizes ranging from 345m² to 955m². Select units include valuable hardstand areas ranging from 262m² to 911m², significantly enhancing their utility and value proposition.</p> <p>As a brand new development with scheduled completion in June 2024, these units represent an opportunity to acquire premium industrial assets with modern specifications, minimal maintenance requirements, and strong potential for capital appreciation in Canberra's growing industrial market.</p>
Additional Financial Information FileInitial Term:
Security:
Security Info:
<p>Very special special conditions</p>
<p>Comparison 1</p><p>Comparison 2</p><p>Comparison 3</p><p>Comparison 4</p>
Offer To Purchase:
$
Initial Deposit:
$
Due Diligence:
days
Finance:
days
Settlement:
days
<ul> <li>Prime position in Canberra's main industrial estate with excellent transport links</li> <li>Brand new construction with expected completion June 2024</li> <li>Versatile unit sizes ranging from 345m² to 955m²</li> <li>High clearance warehouses with spacious 5m × 4m electric roller doors</li> <li>Eight units feature exclusive hardstand yards from 262m² to 911m²</li> <li>IZ1 General Industry zoning allowing for diverse commercial applications</li> <li>Quality construction with premium specifications throughout</li> <li>Dedicated amenities including shower, toilet and kitchenette in each unit</li> <li>Allocated onsite parking for all units</li> <li>Mezzanine floors included to architect's design</li> <li>3-phase power supply for industrial operations</li> <li>Located just 15km from Canberra CBD and 8km from Queanbeyan</li> </ul>
