1/157 Flemington Road, Mitchell, ACT 2911 | Property Value & History | OnTheHouse
OFF MARKET

1/157 Flemington Road
Mitchell ACT 2911

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Property Details for 1/157 Flemington Rd, Mitchell

Building Type
Commercial
Local Government
Gungahlin

Last Listing description (August 2019)

Flemington Road is the main thoroughfare connecting Canberra City Centre with the ever expanding district of Gungahlin (the fastest growing regional area of Canberra) and runs directly adjacent to Mitchell, Canberra's only northern industrial suburb. 157 Flemington Road is a brand new 3 storey commercial building with prominent frontage to Flemington Road and Darling Street. The site is particularly well located between Canberra CBD and the expanding region of Gungahlin and will undoubtedly benefit from the light rail which will run directly past the front door.
The building is located within the IZ2 Industrial Mixed Use Zone allowing for a wide variety of potential users and has been built to a high standard. The property benefits from customer car parking off Flemington Road and a large surface car park off Darling Street.
In brief, the areas on offer are as follows:

Unit 1 - Lower ground floor fronting Darling Street 990sqm NLA which can be subdivided to create smaller tenancies (AVAILABLE @ $200/sqm +GST)
Unit 2 - Ground floor fronting Flemington Road (RHS) 598sqm NLA (LEASED)
Unit 3 - Ground floor fronting Flemington Road
616sqm NLA (AVAILABLE @ $280/sqm +GST)
Unit 4 - Upper Floor 471sqm NLA (LEASED)
Key Features:
Good exposure to passing traffic on Flemington Road
Dual street frontage with onsite parking available
Brand new building (available for immediate occupation)
Landlord can incorporate a fit out to a tenants specification
Mitchell is the primary industrial area servicing the developing district of Gungahlin

Property History for 1/157 Flemington Rd, Mitchell, ACT 2911

A timeline of how this property has performed in the market
Listed for Rent
$198k/w
15 Aug 2019
  • 29 Jul 2019
    Listed for Rent - Price not available
  • 24 Sep 2018
    Listed for Rent $108,720 / year
  • 10 Jan 2018
    Listed for Rent $108,720 / year
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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 638 properties.

    There are currently 6 properties listed for sale, and 24 properties listed for rent in Mitchell on OnTheHouse. According to Cotality's data, 28 properties were sold in the past 12 months in Mitchell.

    Suburb Insights for Mitchell 2911

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    Disclaimer
    The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

    While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.