For Sale

Lot Whole Building, 92-96 Wollongong Street, FYSHWICK ACT 2609

  • Building Area 2,385 m²
  • Sale Price TARGET YEILD RANGE 5%- 6%

ATENTION ASTUTE INVESTORS - THIS ONE TICKS ALL THE BOXES

Highlights

  • Double block
  • Well established tenants
  • Under Market rents
  • Ample carparking
  • Retail Zoning

Description

A double block with a 54m frontage and 53m side boundaries. The property comprises a two level showroom building having 4 solid tenancies with a total building area of 2,385 sqm. Retail zoning with existing rents under market .Sleep Doctor has traded from this location for 26 years and Bottle Mart for16 years. The brick-concrete constructed building with four tenancy areas that are very flexible to be subdivided even further.
*This is a safe investment , offers good upside for the astute investor. Estimated net Income $232,000 PA *

Fyshwick is the largest industrial suburb in area and population, located a10-minute drive from Canberra Airport and the main highways. Fyshwick is now evolving from an older industrial suburb into a new modern area which includes wholesale, bulky good and the standard industrial uses. The property is located in the heart of busy Wollongong Street, amongst users in bulky goods, cafes, retailers and Canberra Toyota.

Zoning Industrial Council

ACT Planning Authority

Tenure

Tenanted Investment

Pricing

All prices are indicative plus GST (if any).

Sale Car Spaces

30

Building Area 2,385 m² Land Area 2,926 m2

Documents

Agents

Patrick Barton

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