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Properties For Sale found in RED HILL, ACT 2603

Properties located in the surrounding suburbs

LONG-TERM INVESTMENT WITH GLOBAL TENANT PROFILE

Offices

165 Canberra Avenue, Fyshwick presents purchasers with an exemplary investment opportunity and is offered for sale via public Auction on Thursday 26th October 2017.
Situated on a land-rich and high-profile 5,256m2 corner site along a major transport corridor in Canberra’s Inner South, 165 Canberra Avenue presents purchasers with an outstanding long-term proposition. The 3,277m² building is 100% leased to global organisation Seeing Machines on a new 10-year arrangement plus option.
In addition to the excellent investment fundamentals, 165 Canberra Avenue lies within an area known as the East Lake Precinct, currently under investigation by the ACT Government for future re-zoning to encourage urban infill via residential development.
Investment highlights of the asset include:
- 100% leased to global organisation Seeing Machines (presently listed on the Alternative Investment Market (AIM) of the London Stock Exchange).
- Lease expiring May 2027 plus 1 x 5-year option
- Land rich and high profile corner site of 5,256m² positioned along a major transport corridor in Canberra’s inner south suburb of Fyshwick.
- 3,277m² stand-alone
building with ongoing capital expenditure and recent cosmetic upgrades - Strong annual rent reviews fixed at 3.50% per annum - Land bank opportunity positioned within an area known at the East Lake precinct which is being reviewed by the ACT Government for future re-zoning to allow residential development* - Close proximity to facilities such as Fyshwick Fresh Food Markets, Canberra Outlet Centre, Kingston Foreshore and Manuka Shopping precinct Features: • Long-term WALE and fixed rental growth • Prominent corner site • Future redevelopment prospects* • High quality stand-alone asset

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Price Contact Agent
Building 3277m²
Land 5300m²
Occupancy Vacant
Property ID 270498

EXEMPLARY VALUE-ADD OPPORTUNITY IN PARLIAMENTARY PRECINCT

Offices

AMA House, Barton represents an outstanding opportunity to acquire a 100% interest in an asset located in Canberra’s most tightly held office market featuring a diversified income with strong value-add potential.
AMA House is a prominent standalone asset offering 4,053.6sqm of NLA on a large 3,624sqm site with 110 dedicated car spaces. As at 1 November the property is 63% occupied with a WALE of 2.60 years* (by income) to seven tenants including the Australian Medical Association, AI Group and the Australian Institute of Petroleum.
The building was constructed in 1990 and has a current 3-star NABERS Energy rating. AMA House has seen significant investment throughout 2015/2016 in large-scale capital expenditure projects, with the majority of services upgraded and limited capital expenditure required in the near term.
AMA House is situated within Canberra’s most tightly held office market, enjoyed by tenants seeking proximity to Parliament House and key Government decision makers. The surrounding location has seen substantial new development in the past 10 years and offers high levels of amenities within Canberra’s affluent inner south.
The
property provides purchasers with extensive opportunities to fill existing vacancies and enhance the WALE and income. This offering coincides with favourable forecast leasing conditions for the Canberra office market, with the Barton market currently showing a 0.01% vacancy rate in A Grade space. The above conditions suggest excellent grounds for the strong financial performance over the short to medium term. AMA House, 42 Macquarie Street Barton is offered for sale by International Expressions of Interest closing Thursday 19 October at 4pm AEDT. *As at 1 September 2017

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Price Contact Agent
Building 4054m²
Land 3624m²
Occupancy Vacant
Property ID 269021

GROUND FLOOR OFFICE UNIT WITH EXISTING FITOUT

Offices | Medical

Unit 4 is a ground floor office unit available for sale in Deakin via private treaty. Football House is a strata building in a quiet loop street with close proximity to amenities such as the Woden Town Centre, Equinox Business Park and is only 8km from Canberra CBD.
Unit 4 is 138sqm in size with a good quality fitout including reception desk, boardroom, meeting rooms, open plan work spaces and kitchenette facilities. There are 4 dedicated on-grade car spaces included with the property and ample on site visitor car parks for clients. Permitted use for the Unit includes office and community use.
This property would suit a range of professional businesses seeking a fitted out office unit ready for immediate occupation.

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Price Contact Agent
Building 138m²
Occupancy Vacant
Property ID 267675

READY TO OCCUPY AT THE KINGSTON FORESHORE

Retail

Unit 160 is a prominent ground floor commercial unit of 51sqm available for sale. Located at the popular Kingston Foreshore precinct and within the newly completed ‘Pier’ development, the property would suit both retail and office users looking for close proximity to a high level of surrounding amenity and residential accommodation.
The property has wide glass frontage to Trevillian Quay, one dedicated basement car space and access to common area toilets.

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Price Contact Agent
Building 51m²
Occupancy Vacant
Property ID 267674


PRICED TO SELL AND READY FOR OCCUPATION

Industrial

Units 1 and 2 at the Fusion Business Park in Fyshwick offers two prominent commercial units for sale. The Business Park is located in Canberra’s inner south and comprises a mix of ground and first floor office space with dedicated basement car parking.
The office units are within close proximity to major amenity such as the Canberra Outlet Centre, Kingston Foreshore, Fyshwick Markets and numerous food and beverage offerings. The units have good access to Canberra Avenue, a major arterial road which provides public transport facilities and easy access for visiting clientele.
These vacant commercial units for sale front Yallourn Street and are ready for immediate occupation. Unit 1 is located on the ground floor and Unit 2 is a first floor corner office with carpet, ceiling and lighting installed. Both premises feature kitchenette facilities, excellent natural light and 4 dedicated basement car spaces. There is also a high volume of on-street parking for visitors to the complex. Units 1 and 2 present a highly affordable option for businesses seeking a modern office unit in an accessible inner south location.
The units available are as follows:
Unit 1 - 149m² – 4 carparks Unit 2 - 170m² – 4 carparks

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Price Contact Agent
Building 149m² - 319m²
Occupancy Vacant
Property ID 267670

GREAT STARTER!!

Industrial

Located in Paragon Mall is this 60 sqm property which is a rare opportunity for an owner occupier.
The property features;
* Glass shop front
* Roller door providing
* Perfect sized small office
* Great storage
* Kitchenette and toilet
For further details please contact Anthony Vatalis on 0418 688 787

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Price: $159,000    Building: 60m²    Land: 60m²    Occupancy: Vacant

PROMINENT INVESTMENT ON FYSHWICK'S MAIN ARTERIAL THOROUGHFAR...

Investment | Retail

CBRE is proud to present the sale of 47 Newcastle Street an exciting new opportunity for investment.
Key Investment highlights include:
- Highly exposed retail site of 3, l 02sqm*
- 2,640sqm* freestanding building over two levels leased to strong performing national tenants
- Tightly held location in premier retail precinct diagonally opposite Canberra Outlet Centre
- Prominent main road frontage with 66* carparks
- Highly secure long term leases with attractive fixed annual increases
- Fully leased net income of $451,022*
47 Newcastle Street comprises a very versatile freestanding building measuring a total of 2,640sqm* over two levels on a 3,102sqm* site. The site boasts approximately 66 on-site car parks and benefits from two roller doors servicing both the ground and upper floors. The building is fully tenanted housed by BCF and Anytime Fitness (net income of $451,002*) with secure leases and options to extend.
The building is located on Newcastle Street which is the main arterial thoroughfare of Fyshwick connecting the two access points into the precinct; Monaro Highway and Canberra Avenue.
The building has undergone a number of improvements over the past 2½ years including electrical upgrades (including all new lighting in the gym), asbestos removal, repainting of the entire building, new tenant’s signage, re-marking of the parking lines and replacement of fire doors.
The property is being offered by way of a Public Expressions of Interest campaign closing at, Thursday 5th October 2017.
To obtain further information, or to arrange an inspection, please contact CBRE the exclusive sales and marketing agents.
Approx*

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Price: FOR SALE BY EXPRESSION OF INTEREST    Building: 2640m²

ONE BUILDING! 5 SEPARATE INDUSTRIAL UNITS IN FYSHWICK ALL HA...

Industrial

OWNER MUST SELL!
VALUATION CARRIED OUT IN 2007 - (FOR VIEWING TO ALL PROSPECTIVE BUYERS). A must see!!
Once these Units are sold, the new owner will be very pleased with this purchase! So DONT MISS OUT on this fabulous bargain!
Offers taken (Genuine only!)
Purchase these 5 industrial units and be positive geared. This is an EXCELLENT INVESTMENT for those seeking the opportunity to have good sound commercial real estate investments.
Each Unit is 96 m2 - (8m x 12m) and have 3 car spaces per unit, their own toilet and roller door access. They are all on their own title and are part of a body corporate. (There are 8 units in the whole complex).
The combined land size for the 5 units is approximately 1560m2 + car spaces
There is a total of $80,200 income (as all 5 units are currently tenanted with good quality tenants)
Outgoings are paid by owner. Owner pays Land Rates, Water Rates and Body Corporate Fees - Approximately $25,000pa)
Body corporate fees are paid by tenants
Owner is selling all 5 for the listed purchase price, but may consider selling separately.
ENQUIRE TODAY ON THIS EXCELLENT INVESTMENT. ALL UNITS ARE TENANT OCCUPIED!
Phone enquiries - please quote property ID 16513

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Price: Negotiable    Building: 1560m²    Occupancy: Vacant

SUBURB PRICE GUIDE

Suburb Summary - Red Hill, ACT 2603

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Retail $450
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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