Rare site in Fyshwick comes to market

Big sites in Fyshwick rarely come to market, which puts a big “buy” signal on this 1672-square-metre block in the heart of Canberra’s premier light industrial suburb.

The site has IZ2 industrial mixed-use zoning and comprises a 407-square-metre building with 384 square metres of net lettable space. That’s leased to IT specialist Insitec until September 30, 2022 at $107,703 per annum.

The two-storey office building faces onto Wollongong Street, backed by a generously-sized rear yard. The site is also close to other key Fyshwick thoroughfares including Maryborough, Newcastle and Collie Streets.

Building features include quality showroom/office space with a large breakout area, restrooms, upstairs office space and generous onsite parking.

David Grimmond of Civium Property Group – Commercial says this is a hard-to-pass-up opportunity for an owner-occupier or investor looking for a central location with a big footprint.

“This is a very attractive property – it’s in a fantastic Fyshwick location and there are plenty of further upsides,” he says.

 “There’s development potential on more than 500 square metres of the site, subject to usual approvals.”

The site will be sold via an expressions-of-interest campaign that closes at 2pm on November 18.

Out-of-town investors will like that Fyshwick is just 15 minutes from the Canberra CBD and five minutes from Canberra Airport. 

Fyshwick

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Price guide: mid-high $1 millions

Expressions of interest

Agent: Civium Property Group – Commercial, David Grimmond 0406 376 697