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Sold on 28 Jan 2021

17 & 18/24 Iron Knob Street Fyshwick ACT 2609

  • Offices
  • 1,355 m²
  • Sold, $6,700,000

CANBERRA'S #1 INVESTMENT OPPORTUNITY

    • ASX listed covenant
    • Striking building, contemporary design
    • Strong 10* year WALE by income

    Unit 17 & 18, 24 Iron Knob Street is the "perfect ACT investment", with a highly sought-after covenant being an ASX listed company. This is an ideal opportunity for the astute investor to acquire a secure, passive investment and unlock the benefits from day one.
    Raine & Horne Commercial Canberra have the privilege to offer Unit 17 & 18, 24 Iron Knob Street, Fyshwick ACT for sale.

    • Estimate Net Income: $460,544 p.a ex. GST^
    • Fully Leased with a 10* year WALE^ by income, featuring 3.75% annual rent reviews
    • Occupied by Southern Cross Austereo
    • Modern and attractive building, serviced by a lift
    • Secure undercroft car park, with 36 allocated bays
    • Excellent historical leasing performance
    • Built-in 2013 providing potential depreciation benefits
    • Highly efficient and flexible floor plate with great natural light

    ^As at 1 December 2020 *Approx.
    Parties interested in acquiring this key asset are invited to lodge an Expressions of Interest (EOI) by 4 pm on Thursday, 29 October 2020.
    Please contact the selling agents to receive a detailed IM and access to further information, or to arrange an inspection of the property.

    Michael Ceacis
    Canberra Commercial
    Michael Ceacis
    Canberra Commercial
    Frank Morella
    Canberra Commercial
    Frank Morella
    Canberra Commercial

    Property Highlights

    Property ID2016511334
    Date Sold28 Jan 2021
    Sold Price$6,700,000
    Floor Area1,355 m²
    Land AreaAsk Agent
    Energy0-star NABERS Energy rating
    Parking36 x Onsite parkings
    Category
    Last updated  12 Mar 2021
    Map for 17 & 18/24 Iron Knob Street Fyshwick ACT 2609
    Map for 17 & 18/24 Iron Knob Street Fyshwick ACT 260917 & 18/24 Iron Knob Street Fyshwick ACT 2609
    Michael Ceacis
    Canberra Commercial
    Michael Ceacis
    Canberra Commercial
    Frank Morella
    Canberra Commercial
    Frank Morella
    Canberra Commercial

    Property Highlights

    Property ID2016511334
    Date Sold28 Jan 2021
    Sold Price$6,700,000
    Floor Area1,355 m²
    Land AreaAsk Agent
    Energy0-star NABERS Energy rating
    Parking36 x Onsite parkings
    Category
    Last updated  12 Mar 2021
    Canberra Commercial
    Level 1, 22 Giles Street Kingston ACT 2604
    Michael Ceacis
    Canberra Commercial
    Michael Ceacis
    Canberra Commercial
    Frank Morella
    Canberra Commercial
    Frank Morella
    Canberra Commercial
    Michael Ceacis

    Michael Ceacis

    Canberra Commercial

    Frank Morella

    Frank Morella

    Canberra Commercial

    0409 *** ***
    0409 321 126

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