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204-210 Gladstone Street, Fyshwick, ACT 2609

204-210 Gladstone Street, Fyshwick, ACT 2609

Offices Industrial/Warehouse

  • For Sale
  • Contact Agent
  • Expression of Interest

High Yielding Commonwealth Government Investment - 3.5% Annual Increases

  • New 5 year lease to 30th April 2025
  • Net income: $490,331 pa + GST
  • Attractive CPI + 1.25% annually

  • Land Area
  • 0.49ha (1.21 acres) (approx)
  • Floor Area
  • 3,034 m²
  • Building
  • Whole
  • Last Updated
  • May 27, 2020

Interested in this property? Contact an Agent today

Burgess Rawson Canberra - KINGSTON

152/41 Eastlake Parade

Kingston ACT 2604

High Yielding Commonwealth Government Investment - 3.5% Annual Increases

Property 100% leased to The Commonwealth of Australia represented by Department of Home Affairs.
Renewed 5 year lease to 31st May 2022
Offices, training and warehouse facility: established in this location and occupied since 2006
Fyshwick: Canberra’s most established bulky goods and largest industrial area
In close proximity to Canberra International Airport and Canberra’s CBD
Prominent corner 4,907 sqm site
Easily managed, single tenanted investment
Full depreciation report available.
The Department of Home Affairs is undertaking further upgrades at their expense, scheduled for 2020 to the value of approximately $500,000.

Title Details - Blocks 19 and 20, Section 33, Fyshwick
Site Area Blocks 19 and 20: 4,907 sqm
Zoning - IZ2: Industrial Mixed Use
Lease Details - 5 year lease renewal to 31st May 2022
Attractive fixed 3.5% annual rent increases
Net Income - $441,790 + GST

For further information or to arrange an inspection please contact Steve Burke on 0428 434 464.

204-210 Gladstone Street, Fyshwick, ACT 2609

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