RWC Canberra is delighted to offer 8 Fisher Square, Fisher for sale via Expressions of Interest campaign closing 23 November 2023.
A truly unique offering for an astute buyer to secure a free standing separate title property that's positioned in a suburban shopping centre with tremendous potential.
The 298 square metre building is comprised of 6 units and is set upon a sizable 455 square metre parcel of land. Currently tenanted on month to month basis by two long standing tenants; Pups4fun and Chinese Therapy Centre, the property has strong history that underpins it's investment fundamentals and benefits from the prominent location, access to and from main arterial roads and proximity to a high number of family homes in the southern districts of Canberra.
Key Property Features:
• CZ4 Local Centre Zoning
• 298 sqm free standing commercial building on a 455 sqm site
• Currently occupied by two long term tenants - Pups4Fun Canberra and Chinese Therapy Centre (month to month agreements)
• An income producing investment leased to a proven operators.
• An opportunity to significantly increase the rent on the lease renewal.
• Substantial infrastructure already in place for owner operators and/or investors.
• A strong history of occupancy underpinning its investment fundamentals.
Fisher is a well positioned suburb within the Weston Creek district in the ACT. Established in 1970, the suburb was named after Andrew Fisher (1862-1928), coal miner, founding member of the federal parliamentary Labor Party and Prime Minister of Australia for three terms between 1908 and 1915.
Comprised of approx 1,332 dwellings with over 80% being separate title homes, Fisher is home to approximately 3,219 residents and shares borders with the suburbs of Chapman, Stirling and Waramanga giving a combined population of approximately 11,062 residents in the immediate area.\
