Excellent Value - Showroom/Office Building
2 Lyell Street, FYSHWICK ACT 2609
2 Lyell Street is a modern services / office building within the suburb of Fyshwick. The building is currently 87% tenanted with 1 remaining vacancy, this building offers a fantastic investment opportunity in a sought after suburb.
* Located in the heart of Industrial Fyshwick on the corner of Barrier and Lyell St
* Huge amount of passing vehicle traffic and excellent street exposure
* 3 strata units currently utilised as five separate tenancies.
* All units owned by the seller and up for purchase in one line
* 87% leased, 4 tenants, 1 vacancy
* Anchor tenant recently signed 10 year leased, generating 40% of income
* Onsite parking for 19 vehicles
* Ground Floor – 1,025sqm
* Level 1 – 575sqm
* Building area of 1,600sqm on 1,860sqm block
* Potential annual net rental income approx $298,000 + GST p.a.
For more information, or to arrange an inspection contact Andrew Smith on 0409 600 471 or Lenny Haddrill on 0402 565 166