72 Sheppard Street

Hume ACT 2620

Offered for sale by negotiation, 72 Sheppard Street comprises an industrial building set on a battle-axe shaped allotment within the industrial precinct of Hume; positioned adjacent to the Monaro Highway, and approx. 18km south-east of the Canberra CBD.
The improvements to the site were constructed circa 1993 and include a high clearance, clear-span sprinkled warehouse with an interconnecting office component.

High clearance column free space
Sprinkled warehouse
Office plus amenities
Warehouse Access via 4 high clearance roller doors

Ancillary improvements include sealed hardstand area, full industrial fencing, motorised security gate, landscaping, site infrastructure, a carport and sealed parking for approximately 22 cars.
The property is currently leased to a National Tenant, with the lease term through to January 2032

The Demised Premises
Block 8 Section 2 Deposited Plan 7929 Division Hume
Site:5,781 sqm (approx.) Main Building
Office/Amenities Industrial (GLA) Lettable Area:114 sqm
Factory Industrial (GLA) 2,206sqm
Total Gross Lettable Area: 2,320 sqm (approx.)

The Crown lease states: The gross floor area of any building shall not exceed 4,335 square metres and shall not be less than 1,734 square metres.
Crown Lease commenced on 09/06/1992, granted on 11/06/1992, terminating on 08/06/2091

Zoning: IZ1 (General Industry)
Purpose Clause:
(i) Craft workshop (ii) (iii) transport facility (iii) Freight (iv) Industrial trades (v) Light industry (vi) Plant and equipment hire establishment (vii) Recyclable materials collection (viii) Recycling facility (ix) Store (x) Transport depot; and Warehouse BUT EXCLUDING any use of the premises which causes injury to or prejudicially affects the amenity of the area by the emission of noise, vibration, smell, fumes, ash smoke, waste water or waste products, grit, oil or otherwise.

Hume is one of four industrial areas within the ACT, along with Fyshwick, Mitchell and Beard. The Queanbeyan industrial areas also form part of this market by virtue of the proximity to the ACT. Hume is located approximately 18 kilometres south-east of the Canberra CBD and is strategically positioned adjacent to the Monaro Highway (one of Canberra's main thoroughfares). Hume is growing as a more modern precinct with both small and large-scale development, suited to freight & transport, building & construction and data & technology type industries.

Please contact our listing agents to discuss this opportunity