32 Grimwade StreetMitchell ACT 2911
Property Details for 32 Grimwade St, Mitchell
Last Listing description (July 2022)
FOR SALE | 42 Hoskins St MITCHELL
This two story fully-tenanted building is located in the industrial suburb Mitchell and is now for sale via expressions of interest. The property falls under the industrial mixed use zone (IZ2) and its purpose clause is wide and unique. All of the current tenants have made great investments on high quality fit-outs and also pay for their water supply and usage charges. The current tenants are TDX tiling, Wanderlust and Langtrees.
Features:
- Building area 1,300 sqm
- Block area 1,706 sqm
- Dual access via Grimwade St and Hoskins St
Financials:
- Annual gross rental income $232,834 with 5% annual increases
- Rates $26,549
- Insurance $3,666
- Annual Net income $202,619
Don't miss out on this rare opportunity to purchase a fully tenanted building in a high demand area with a unique use purpose clause.
For more information or to arrange an inspection please contact Dania Khalil on:
0406 375 946
Dania.Khalil@civium.com.au
Property History for 32 Grimwade St, Mitchell, ACT 2911
- 06 Jul 2022Listed for Sale Contact Dania for Information Memorandum 0406 375 946
- 12 May 2022Sold for $2,400,000
- 28 Jan 2022Listed for Sale Contact Dania for Information Memorandum 0406 375 946
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0About 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.
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