8 Grimwade Street, Mitchell, ACT 2911 | Property Value & History | OnTheHouse
 
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8 Grimwade Street
Mitchell ACT 2911

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 507m2
Land area: 2134m2
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Property Details for 8 Grimwade St, Mitchell

Building Type
Commercial
Floor Size
507m2
Land Size
2134m2
Local Government
Gungahlin
Lot/Plan
MITCHELL: Block 12, Section 1

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.

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Property History for 8 Grimwade St, Mitchell, ACT 2911

A timeline of how this property has performed in the market
Last Sold
$2,450,000
20 Dec 2019
Listed for Rent
$920/w
29 Mar 2019
  • 20 Dec 2019
    Sold for $2,450,000
  • 08 Nov 2019
    Listed for Sale Please contact agent
  • 18 Feb 2019
    Listed for Rent - Price not available
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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.

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