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2 Paspaley Street, HUME, ACT, 2620

2. Property Highlights

Magnificent Modern Industrial Trophy
  • Commanding 12,707sqm* Site
  • Largest glass processor in Australia
  • 10 year lease plus options to 2042

Burgess Rawson is pleased to offer to the market, 2 Paspaley Street, Hume for sale via our Auction Investment Portfolio 156.

The property has the following investment highlights:

+ 10 year lease to 2027 plus options to 2042

+ Established since 1856, Viridian is the largest glass processor in Australia

+ Net lease, tenant responsible for all outgoings including property management and repairs and maintenance

+ Compounding 2.75% annual rent increases ($653,565 pa* in 2026)

+ Brilliant 4,060sqm* purpose built industrial facility constructed in 2016 providing depreciation benefits

+ Versatile clear span warehouse, gantry cranes and B-Double access

+ Gateway position just off the Monaro Hwy, under 15km* from Canberra CBD

+ Net Income: $602484 pa* + GST

To be sold by Investment Portfolio Auction

10:30am (AEDT) Tuesday 25 October 2022

Yallamundi Rooms, Sydney Opera House

*approx.

Remember to mention you found this property on CommercialReady

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3. Property Location

2 Paspaley Street, HUME, ACT, 2620

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4. Due Diligence

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2 Paspaley Street, HUME, ACT, 2620 Hume
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