117 Flemington Road, Mitchell, ACT 2911 | Commercial for sale | OnTheHouse
 
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117 Flemington Road
Mitchell ACT 2911

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Bathrooms: -
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Floor area: 2919m2
Land area: 3890m2
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Fully Leased Premium Industrial Investment Opportunity on High-Exposure Flemington Road

• High visibility arterial road frontage
• 2,919m²* NLA
• 2.61-Year^ WALE
117 Flemington Road, Mitchell presents investors a unique investment opportunity to purchase a fully leased investment opportunity in Canberra's most tightly held industrial precinct, for sale by Expression of Interest closing 3pm Tuesday 21 April 2026, as part of the Kennards Portfolio.
Prominently positioned along Flemington Road, the property comprises 2,919m²* total NLA on a generous 3,890m² site. The property provides a gross passing income of $825,440* ex. GST and WALE by income of 2.61 years^, offering secure holding income and future flexibility.
The tenancy profile includes eight tenants across units ranging from 150m² to 957m²*, supported by a strong mix of local and national occupiers. This diversified income stream reduces risk exposure and provides multiple pathways for future leasing upside and value-add potential.
Key Investment Highlights Include:
• High-quality industrial asset with secure income profile in Canberra's most in-demand industrial precinct.
• 100% occupancy with WALE by income of 2.61^ years supported by strong fixed rental increases.
• Gross passing income of $825,440* ex. GST, underpinned by strong tenant covenant.
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Property Details for 117 Flemington Rd, Mitchell

Building Type
Commercial
Floor Size
2919m2
Land Size
3890m2
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About Mitchell 2911

The size of Mitchell is approximately 3.4 square kilometres. It has 5 parks covering nearly 39.5% of total area. The population of Mitchell in 2016 was 6 people. By 2021 the population was 7 showing a population growth of 16.7% in the area during that time. The predominant age group in Mitchell is 0-9 years. Households in Mitchell are likely to be repaying under $300 per month on mortgage repayments. In general, people in Mitchell work in a community and personal service occupation.In 2021, 0.00% of the homes in Mitchell were owner-occupied compared with 0.00% in 2016.

Mitchell has 634 properties. As at 31 March 2026:

  • The median value for Units in Mitchell is $699,130.
There are currently 5 properties listed for sale, and 23 properties listed for rent in Mitchell on OnTheHouse. According to Cotality's data, 33 properties were sold in the past 12 months in Mitchell.

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Frank Giorgi
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Daniel Mcgrath
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