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47 Newcastle Street, Fyshwick, ACT 2609

47 Newcastle Street, Fyshwick, ACT 2609

Showrooms/Bulky Goods Retail Industrial/Warehouse

  • For Sale
  • Contact Agent

High Yielding Retail Investment - Renewed Lease to ASX Listed ‘Super Retail Group’ &...

  • Renewed 5 year lease + options to 2033
  • Fixed 3.5% annual rent increases
  • Net income $466,640 pa + GST

  • Land Area
  • 3102.00 m² (approx)
  • Floor Area
  • 2,640 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Jul 03, 2019
  • Car Spaces
  • 66

Interested in this property? Contact an Agent today

Cushman & Wakefield - Brisbane

Level 11, 123 Eagle Street

Brisbane City Qld 4000

Tom Moreland
Cushman & Wakefield - Sydney

Level 22, 1 O'Connell Street

Sydney NSW 2000

Geoff Sinclair

High Yielding Retail Investment - Renewed Lease to ASX Listed ‘Super Retail Group’ & Fitness Giant

Cushman & Wakefield are pleased to present to the market the BCF & Anytime Fitness Investment Property at 47 Newcastle Street, Canberra for Sale via Offers to Purchase.

The property has the following key characteristics:

• BCF - Renewed 5 year lease + options (76% of income) - in occupation for 10+ years
• BCF Australia - A wholly owned subsidiary of the ASX Listed Super Retail Group with a market cap of $1.7B
• Anytime Fitness Fyshwick - 5 year lease + options
• Anytime Fitness - The largest health club chain in Australia with over 3,300 clubs in 26 countries
• Fixed 3% and 3.5% annual rent increases
• Prominent main road frontage with 66 carparks
• Desirable 3,102 sqm corner site with excellent main road/intersection exposure
• Strategically located opposite Bunnings, The Good Guys and the Canberra Retail Outlet Centre – Harris Scarfe, The Coffee Club, Freedom, JB Hi-Fi, T.K Maxx & many more
• Canberra/Fyshwick - The Capital of Australia. Fyshwick is only 6.5 km’s from the CBD and has become Canberra’s one stop retail destination. Population of 406,057
• Net Income $466,640 pa + GST

For more information please

47 Newcastle Street, Fyshwick, ACT 2609

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