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Retail

12-16 Hardwick Crescent Holt, ACT 2615

Sold on 17 Sep 2021
  • Building: 953m²
  • Land: 2,285m²
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Retail in Holt

Fully Leased Asset With Major Development Upside

  • Building: 953m²
  • Land: 2,285m²
  • 1052 sqm retail/showroom building on corner site of 2285 sqm opposite Kippax Fair Shopping Centre
  • Fully leased with multiple tenants producing a net income of circa $201,889.43 pa plus GST
  • CZ 2 zoning allowing for 3 storey development including residential*
  • Capitalise on the rapid residential growth in West Belconnen and its positive impact on commercial property
  • Kippax Fair likely to undergo major extension and refurbishment as a result of ACT Government selling Section 30

* Subject to lease variation and ACTPLA approval

Building:

953m²

Land:

2,285m² / 0.56 acres

Zone:

CZ2 Mixed Use

Tenancy:

Vacant

Categories:

Retail, Land/Development, Offices

12-16 Hardwick Crescent, Holt, ACT 2615