Unit 1/151 Newcastle Street, FYSHWICK ACT 2609
The Lyell Centre is in a prime location on the corner of Newcastle and Lyell Streets, Fyshwick.
Now available for sale as an investment opportunity – unit 1, 151 Newcastle Street Fyshwick.
Unit 1/151 Newcastle Street enjoys a prominent location on one of Fyshwick’s main thoroughfares. This location provides the building with exposure to high volumes of vehicular traffic, being located on one of the Fyshwick’s busiest roundabouts.
This property provides an opportunity to purchase a well presented office/showroom unit leased to a well-established tenant that is returning a 8% net yield. With a 3 year lease that has been renegotiated at a market rental, the purchaser can be assured that they are purchasing a property at current market rental and capital value.
* 465m2 ground floor office unit
* Ground floor with mezzanine
* Separately air-conditioned
* Fit out ready for Professional Services Firms
* Private amenities
* 4 car spaces
* 3 year lease in place from 1 February 2020 and 3 year option with a long term tenant (20+ years)
* Net Annual Estimated Rent $78,608 + GST
For sale via private treaty $975,000
For further information or an inspection contact Dania 0406 375 946 email@example.com.