16 Mildura Street, Fyshwick, ACT 2609

Industrial

For Sale

  • Property ID: 371147
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Industrial Asset, 6 year WALE, $1.375m Net Rent and over 21,000m2 of Land

16 Mildura St Fyshwick is the ideal asset for those looking for a multi tenanted Industrial site. Made up of 5 high quality buildings, including two office buildings, a warehouse facility and 2 large cold storage facilities, this site provides strong cash flow and long term value add options.
The site sits in an enviable location, 400m from the Canberra Railway station, 1km from Kingston Foreshore and Lake Burley Griffin, 1.67km to Manuka oval and 2.6km to Parliament House. Just off Canberra Avenue with a close connection to the Monaro highway, the location allows for easy truck and vehicle access for the provision of logistical services.
The major attributes of the site are:
* 21,099m2 Land Size / 8,374m2 Lettable Area
* 100% occupied with 6 year WALE
* Approximately $1.375m Annual net rent*
* Anchored by multi national tenant Bidfood until 2027 (plus 1 x 5 year option), providing 64% of the annual income
* High quality warehouse, cold store and office buildings
* Crown Lease allows for large range of use including education establishment, freight transport, light industry, store and warehouse and has a maximum gross floor area of 11,500m2
Within such close reach of Parliament House and some of Canberra's most expensive real estate, this 21,000m2 block is likely to have a long term higher value use.
The property is being sold by Expressions of Interest, closing 3pm, 10 September 2020
For more information, please contact:
Andrew Smith 0409 600 471
Tenanted Investment
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Fyshwick Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $1758 $216 12.29%
Industrial $2363 $214 9.04%
Offices $2059 $190 9.21%
This is the average advertised price, rent and yield for Fyshwick, ACT 2609*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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