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Commercial Property

10 Vicars Street

10 Vicars Street, Mitchell ACT 2911, Australia

- Parking
20552 m² Land size
- Internal area
$7,500,000 Last sale

Property Information

Business Name
Western Union
Business Type
Finance
Status
Operational

About this commercial property

10 Vicars Street, Mitchell (ACT) sits on a 20,552 m² parcel and is currently occupied by Western Union, a finance‑focused operation. The site includes ample parking for vehicles, supporting client and staff access, and its layout accommodates the operational needs of financial services. The property was sold for $7,500,000 on 20 Feb 2015.

Sales history

EventDatePricePrice per m²
SoldFeb 2015$7,500,000$364

Price per m² based on land size of 20552 m².

Key details

Locality
Mitchell
State
ACT
GNAF PID
GAACT714850272
Legal parcel ID
GUNG/MITC/21/9
Remoteness area
Metro
Property type
Industrial
Land size
20552 m²
Internal area
-
Land Use Category
Industrial

Frequently asked questions

What is the size of the land parcel for this commercial property?

The site sits on a 20,552 m² land parcel, providing ample space for large‑scale operations or future expansion.

What type of zoning is typical for this location in Mitchell?

Mitchell is designated as a light‑industrial estate, making the land suitable for industrial, logistics or finance‑related commercial uses.

How well is the property served by public transport?

The site is within roughly 1 km of several Canberra Light Rail stations – Well Station Drive (≈0.7 km), Sandford Street (≈0.8 km) and EPIC & Racecourse (≈1.5 km) – offering convenient rail access for staff and clients.

What nearby amenities could benefit a finance‑oriented business?

Nearby facilities include the Treloar Resource Centre and VH‑CIN (both ≈0.1 km), as well as the 2CA radio station (≈0.7 km), providing potential networking and service opportunities.

Is the property currently occupied and what type of business is operating there?

Yes, the premises are currently occupied by Western Union, a finance‑services company, demonstrating the suitability of the site for financial operations.

How close is the property to the Canberra light‑rail depot?

The first Canberra light‑rail depot, opened in March 2019, is located in Mitchell and is within a short distance of the property, offering logistical advantages for transport‑related needs.

Are there any major event venues or attractions nearby that could impact foot traffic?

While Exhibition Park (EPIC) and the Canberra Racecourse are in the neighbouring suburb of Lyneham, they are only about 1.5 km away, potentially bringing additional visitor flow to the area.