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47 Newcastle Street, Fyshwick ACT 2609

Last Asking Price - $8,000,000

RetailSize: n/a
Block size: 3102 m² approx.UV: $1,150,000 (2023)
Situated on the prevalent Newcastle Street in Fyshwick, this property boasts being the most well-known corner of the suburb. Being the long-term home to two nationally recognised and ASX listed companies this is an opportunity not to be over-looked. Ideal for the investor that wants to ensure their purchase retrieves them the return they deserve!

Key Property Features:
• Net Rent: Approximately $530,841.02 + GST pa
• Expansive floor area of 2,640 sqm
• Unit 1 - 1,864 sqm
• Unit 2 - 776 sqm
• Accessible from popular main street
• 66 On-site car parks
• Multi-level building with various access points for deliverables, customer pick-ups and convenience
• Unbeatable signage and branding opportunity for tenants
• Close proximity to major shopping, cafes, gyms, commercial, industrial and office businesses
• Heavy Vehicle Access

The interior fit-outs have been kept to a high standard to align with the brand image and identities of the ASX listed companies currently tenanted. An unmissable and grand property from the street and furthermore impressive inside. Attracting consumers and the public to the premises ensures the reputation of the property sits high and remains a recognised part of the Capital.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Frank Giorgi to learn more about this property, request an inspection or take an online tour.

Key details

Garage Spaces:
66
Property type:
Retail
Block Size:
3102 *
Unimproved Value:
$1,150,000 (2023)

Other Details

Block:
11
Section:
13
Rates (Residential):
$6,414*
Rates (Commercial):
$56,136*
Rates (Rural):
$1,512*
Land Tax (Residential):
$12,219*
Legal description:
CANB/FYSH/13/11
*These are approximate values based on available information.
Ray White Commercial Canberra

Maps and area information

Land Details
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Block information
Block 11 Section 13 Fyshwick
Block size: 3102 (approx)
Unimproved value: $1,150,000 (2023)
Legal description: CANB/FYSH/13/11
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

What's nearby

St Benedict's Primary SchoolPrimary School
2.6km
Telopea High SchoolHigh School
4.5km
Queanbeyan District Hospital & Health ServiceHospital
5.5km
Riverside PlazaMajor Shopping Centre
5.5km
Australian National UniversityUniversity
8.1km
Narrabundah CollegeCollege
2.7km
Kingston Post OfficePost Office
3.8km
Canberra Institute Of TechnologyTafe
1.8km

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
04 Apr 2024
Sold
$6,800,000
Contract: 12/03/2024
Transfer: 04/04/2024
Block size: 3102.6m²
Transfer type: Full transfer
Purpose: Shop
30 Apr 2004
Sold
$2,018,430
Contract: 23/03/2004
Transfer: 30/04/2004
Block size: 3103m²
Transfer type: Full transfer
Purpose: Shop
01 Nov 1994
Sold
$400,000
Contract: 15/10/1994
Transfer: 01/11/1994
Block size: 3103m²
Transfer type: Full transfer
Purpose: Shop

Fyshwick suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian salesUnimproved value
Average Age
48 years
Population
52
Unimproved value for Fyshwick
$1,150,000
Listing ID: 181513937. This listing has been viewed 497 times. It was first displayed on 05/04/2023 and last updated on 12/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.