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84-86 Gladstone Street
Fyshwick ACT 2609
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Sold on 25 Mar 2019

84-86 Gladstone Street Fyshwick ACT 2609

  • Factory, Warehouse & Industrial
  • Sold

Long Term Tenanted Investment

  • Building area 740m2
  • Block area 1463m2
  • Tenant's lease expires 30/6/2027

Fyshwick is the recognised industrial suburb of Canberra, located in the south east of Canberra, with 2 of Canberra's main roads running close by. It neighbors the NSW border with Queanbeyan and is a 10 minute drive from the Canberra Airport. Fyshwick is now evolving from an older industrial suburb into a new modern area&#xD&#xD Now available, is a rare opportunity to secure a fully tenanted, free hold investment property in this busy and growing area with a high net return.

The investment property comprises of the following main attributes;

• Building area 740m2
• Block area 1463m2
• Tenant Capital Men’s Club – Lease expiry 30/06/2027 with a further 10 year option
• Gross rental income of $133,066
• Fixed 3.5% annual increases
• Annual out-goings of $41,355
• Net annual income $91,711
• Excellent value, with high return.
• Well located with excellent exposure

The building will be a highly sought building due to its long term tenant, high return, building quality and great location in Fyshwick. Copies of lease documentation can be provided on request.

The building is for sale via private treaty $1,150,000

For further information or to inspect, contact Dania Khalil 0406 375 946 Dania.khalil@civium.com.au

Property Highlights

Date Sold25 Mar 2019
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2014615551
Category
Last updated  8 Apr 2019
Map for 84-86 Gladstone Street Fyshwick ACT 2609

Property Highlights

Date Sold25 Mar 2019
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2014615551
Category
Last updated  8 Apr 2019
3 Lonsdale St Braddon ACT 2612

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