8 Grimwade StreetMitchell ACT 2911
Property Details for 8 Grimwade St, Mitchell
Last Listing description (February 2020)
Colliers International is pleased to offer 54 Hoskins Street for sale, offering astute investors the opportunity to own this single title, multi-tenanted office and industrial property on the main street of Mitchell.
The property is positioned with high-profile frontage to Hoskins Street, with secondary frontage to Grimwade Street. Dual frontage provides the ideal combination of retail presence and functional access to the rear of the property.
The ideally positioned 2,133m^ site comprises a mix of retail, office and industrial space. Located in the heart of Mitchell, north Canberras primary industrial precinct, the property is ideally situated to ensure long term demand.
The property is occupied by five tenants including Burning Log, Asscent Training, Canberra Boilers, Dyna Tune and Sangrok World Taekwondo Academy. The property boasts a staggered lease expiry profile and a WALE of 4.56 years as at 1 December 2019^
The passing gross income for the property is $220,396 ex GST per annum*
*as provided by owner
^Approximate
For more further details or to arrange an inspection please contact Colliers International.
Property History for 8 Grimwade St, Mitchell, ACT 2911
- 20 Dec 2019Sold for $2,450,000
- 08 Nov 2019Listed for Sale Please contact agent
- 18 Feb 2019Listed for Rent - Price not available
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0About Mitchell 2911
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 636 properties. As at 31 May 2026:
- The median value for Units in Mitchell is $713,763.
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