Strategic Fyshwick Industrial Site with Approved Strata Development Potential
Industrial/Warehouse - FYSHWICK ACT
Offered for sale is a substantial 3,508sqm IZ2 Industrial Mixed-Use battle-axe site incorporating approximately 985sqm of existing NLA, comprising multiple warehouses, a modern showroom and office accommodation.
Currently leased to a single occupier until February 2027, the property provides an immediate holding income while offering the purchaser the flexibility to retain the existing improvements, reposition the asset, or pursue the approved development opportunity.
Property Highlights:
• 3,508sqm IZ2 Industrial Mixed-Use battle-axe site
• Approximately 985sqm NLA across three separately metered buildings
• Building 1: Approx. 420sqm warehouse plus 80sqm modern showroom/office
• Building 2: Approx. 240sqm warehouse, 30sqm office and 60sqm covered outdoor awning/workspace
• Building 3: Approx. 215sqm clearspan warehouse
• Significant 3-phase power supply
• Large hardstand yard providing excellent operational flexibility
• Total annual outgoings of approximately $50,556 p.a.
• Existing lease in place until February 2027
• Current gross rental of $130,000 + GST p.a.
A significant feature of the property is the existing DA approval for an industrial strata-titled development comprising nine (9) units, providing a combined 1,752sqm NLA.
The approved development also provides for exclusive yard areas and allocated car parking to each unit, presenting a potential opportunity to unlock additional value through redevelopment and strata sale.
The combination of an existing income-producing asset, substantial landholding and approved development potential makes this an attractive opportunity for investors, owner-occupiers and developers.
For further information or to arrange an inspection, contact Lenny Haddrill on 0402 565 166.
Contact agent
Lenny Haddrill
Director – Commercial Sales & Leasing
"*" indicates required fields
