 Asset Class: | Industrial |
 Price: | $ 8500000 |
 Net Yield: | 6.20 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | On Market |
Opportunities like this are exceptionally rare— a <b>freehold industrial asset</b> in the tightly held Mitchell precinct, Canberra’s premier commercial hub. This property stands out as one of the best industrial investments in the country, offering a <b>blue-chip location, national tenants, and long-term security</b> in one of Australia’s most in-demand markets. Industrial assets of this calibre don’t come to market often, making this a unique chance to secure a premium piece of real estate.<br>With <b>three national tenants currently on slightly under-market rents</b>, there’s built-in rental upside, ensuring strong future growth. The current <b>6.2% yield</b> is already highly attractive, offering a balance of <b>stability and immediate returns</b> while presenting an opportunity to increase cash flow over time. Demand for industrial assets continues to surge, driven by the strength of the sector and limited availability in prime locations like Mitchell.<br>Add in the <b>freehold title, strategic location, and premium tenancy profile</b>, and this asset checks every box for investors seeking a secure, high-performing commercial property. Whether you're looking for a long-term hold with upside potential or a strong passive income stream, this warehouse represents a best-in-class industrial investment that is unlikely to be replicated anytime soon.
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Is this property strata titled?
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Is this lease a leaseback arrangement?
<span style="color:rgb(88, 89, 91);">Mitchell is the northern industrial precinct of the ACT, a highly sort after, tightly held location with limited land and warehouse availability,</span><br><span style="color:rgb(88, 89, 91);">conveniently positioned 15 minutes drive from the Canberra CBD and 5 minutes drive from the Gungahlin Town Centre.</span><br><br> <br><span style="color:rgb(88, 89, 91);">Ideally located between Canberra's CBD and the burgeoning Gungahlin region, Mitchell enjoys excellent vehicular and public transport access via</span><br><span style="color:rgb(88, 89, 91);">the light rail network, Gungahlin Drive extension and Flemington Road. Mitchell’s industrial zoning allows it to provide services to northern</span><br><span style="color:rgb(88, 89, 91);">Canberra that cannot be accommodated in Belconnen, and as a result, demand for land and premises in this suburb continues to be highly sought</span><br><span style="color:rgb(88, 89, 91);">after. </span><br><br> <br><br> <br><br> <br><br>
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<span style="color:rgb(51, 63, 72);">Key Property Features:</span><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 63, 72);"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">Rare 6% Yield Indsutrial</span></p></li><li style="list-style-image:none;color:rgb(51, 63, 72);"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">Room for Rental increase</span></p></li><li style="list-style-image:none;color:rgb(51, 63, 72);"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">Close proximity to Canberra </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">Net Passing income $540,000.00*</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">3 National Tenants DPO, Samsara, Axicom</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">Monster power upgrade with its own substation</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">Multiple electric over size electric roller doors</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">Multiple overhead 5-20 tonne cranes</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">1,975m² front warehouse</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">1,052m² rear warehouse</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">323m² office/showroom space</span></p></li><li style="list-style-image:none;color:rgb(51, 63, 72);font-style:normal;"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">3,350m2 of GFA</span></p></li></ul>
