A rare opportunity to purchase in Canberra's most tightly held industrial suburb of Mitchell. With two longstanding tenants on month to month leases, this offers flexibility for owner occupiers, investors and developers.
2,601m block
996m* total warehouse space
Tenancy 1:
Monthly Rent $4,951.33 inc GST
Month to month tenancy. Has been ongoing for more than 25 years
Tenancy 2:
Monthly rent $5,443.16 inc GST
Month to month. Has been ongoing for more than 20 years
Outgoings:
Rates - $59,000
Water - $2,357.78
Total = $61,357.78
*Approximately
The size of Mitchell is approximately 3.4 square kilometres. There are 5 parks, covering nearly 39.5% of the 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 80-89 years. Households in Mitchell are likely to be repaying over $4000 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 622 properties. As at 31 August 2026:
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