Whole site/25-31 Townsville Street Fyshwick ACT 2609

Located in the heart of Fyshwick, Canberra's premier industrial and commercial hub, 25-31 Townsville Street presents a compelling investment opportunity. Sitting on two separate titlesBlocks 28 & 29, and with 80% occupancy, this two-storey property boasts a mix of stable and flexible tenancy arrangements.

The anchor tenant is secured on a four-year lease, while the remaining three long-term occupants are currently on month-to-month agreements and at below-market rates, offering future leasing potential. Fyshwick's strategic location ensures strong demand, with excellent connectivity to major roads and a thriving business environment. Whether you're looking for steady rental income or future value-add potential, this well-positioned asset is an ideal addition to any commercial portfolio.

Key Features:
Annual net income (fully leased): c. $197,000 p.a.
Enormous 3,394sqm NLA on a 3,716sqm block
Monthly rents at below-market rates
IZ2: Industrial mixed-use zoning
80% tenanted
Tenants include a large Karate School and Capital Salon Supplies on the ground floor
Lower ground has "The Look Property Styling", "Train Insane" Gymnasium + a 400sqm space at the southern end.
Very good exposure onto busy Townsville Street

25-31 Townsville Street Fyshwick is offered for sale by Expressions of Interest, closing 3pm Wednesday March 26th.