Fully leased investment opportunity
42 Hoskins Street, MITCHELL ACT 2911
Now open for sale, via private treaty, 42 Hoskins Street Mitchell in a two-story IZ2 industrial building. The ground floors are currently tenanted via TDX Tiling & adult services tenant Wanderlust and the first floor is currently leased by brothel & escort agency Langtrees. All tenants have made significant investments in high quality fitouts and also pay all water supply and usage charges.
The features of the property include:
Building area of 1,300m2
Block area 1,706m2
Dual access via Grimwade / Hoskins Street
Annual rental income $203,010 with 5 % annual increases
Don’t miss this opportunity to purchase this rare building with a unique use purpose clause.
For more information or an inspection please contact:
0406 375 946