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3/285 Canberra Avenue
Fyshwick ACT 2609
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Sold on 12 Nov 2020

3/285 Canberra Avenue Fyshwick ACT 2609

  • Offices
  • 166 m²
  • Sold, $700,000

Secure Lease to $1bn + International Blue Chip Building Company

Burgess Rawson as the exclusive selling agents are proud to offer to the market 3/285 Canberra Avenue, Fyshwick leased to the International award winning Kane Constructions.

Fyshwick is an ideal location between Canberra's CBD and Queanbeyan with Fyshwick being Canberra's primary light industrial, commercial and retail precinct home to a wide range of International, National and Local operators.

Kane Constructions are a multi award winning, privately owned commercial construction company active in all sectors of the industry. Kane Constructions originated in Melbourne in 1973 and today operate throughout the east coast of Australia and overseas from offices in Melbourne Canberra, Sydney, Brisbane, and the Sunshine Coast. Kane Constructions and employ over 450 full time employees and have a turnover in excess of $1 billion.

The 166 sqm property comprises of 120 sqm ground floor with 46 sqm upstairs.
There are 2 sets of bathrooms containing showers and change rooms and comes with 2 car spaces and a separate lock up garage all contained in a secure car park to the rear of the unit.

Secure 5 Year Lease till June 2025 to Blue Chip Building Company - Kane Constructions

- Tenant taking lease in the middle of Covid-19, proving strength of business in current economic climate.
- No stamp duty payable
- Lease to Kane Constructions Pty Ltd - International Operator, operating since 1973 and awarded the 2016 and 2019 National Construction Master Builder of the Year by Master Builders Australia.
- 5 Year Lease to 2025 + options to 2030
- Fixed 4% annual increases
- Net income of $37,910.68 pa + GST

EXPRESSIONS OF INTEREST - Closing 4pm AEDT Tuesday 27th October

Burgess Rawson Canberra
Burgess Rawson Canberra
501/23 Challis Street
Dickson, ACT 2602

Property Highlights

Date Sold12 Nov 2020
Sold Price$700,000
Floor Area166 m²
Land Area166 m²
ParkingAsk Agent
Property ID2016502094
Category
Last updated  16 Dec 2020
Map for 3/285 Canberra Avenue Fyshwick ACT 2609

Nearest transport* to 3/285 Canberra Avenue Fyshwick ACT 2609

Bus
Train
Canberra Av after Geelong St100 m
Canberra Av After Geelong St100 m
Canberra Av Before Faulding St194 m
Canberra Av before Faulding St195 m
This data is © 2024 Transport Canberra, licenced under CC BY 4.0.
*Within a 4km radius
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Burgess Rawson Canberra
Burgess Rawson Canberra
501/23 Challis Street
Dickson, ACT 2602

Property Highlights

Date Sold12 Nov 2020
Sold Price$700,000
Floor Area166 m²
Land Area166 m²
ParkingAsk Agent
Property ID2016502094
Category
Last updated  16 Dec 2020

Listed by

James Baker
James Baker
Burgess Rawson Canberra
Call
0421 863 040

More about 3/285 Canberra Avenue Fyshwick ACT 2609

3/285 Canberra Avenue Fyshwick ACT 2609 is categorized as Office. It has a floor area of 166 m². The listing ID for this property is 2016502094.

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