New price
PRIME LOCATION SECURED WITH HIGH QUALITY TENANT

1/59 Tennant Street,Fyshwick ACT 2609

$1,350,000

RetailOfficeRetailIndustrialWarehouseSize: 581 m² (approx)
Block size: 972 m² approx.

Offered for sale in one line are units 1 & 2 of 59 Tennant St Fyshwick.

The units are part of a 6 unit strata development identified as Units Plan 1776. The units are situated on the ground floor of the property and are currently leased to Waterland to September 2021 with Options.

UNIT 1
Unit 1 has a total GFA of 642sqm and comprises of 292sqm NLA under roof with an additional 309sqm NLA of hardstand yard space at the rear of the property with allocated parking to front of 41sqm. The premises is made up of retail area, offices and storage area. The retail and office area has quality fitout that includes carpet, tiles, suspended ceiling and ducted air conditioning including staff amenity. The hardstand yard space has been secured by fencing and is covered from the elements.

UNIT 2
Unit 2 has a total GFA of 330sqm and comprises of 289sqm NLA under roof with an additional 14sqm NLA of hardstand yard space at the rear of the property for vehicle parking with allocated parking to front of 27sqm. The premises is made up of retail area, offices and storage area. The retail and office area has quality fitout that includes carpet, tiles, suspended ceiling and ducted air conditioning including staff amenity.

Both units are Leased to Waterland Irrigation until 30 September 2021 + Options. Waterland is the longest running and biggest irrigation specialist in the ACT. Established in 1978, Waterland has been in this location since construction of the property was completed in 1999. An established long term tenant.

Combined Net Income is $98,041.00 this property represents as an excellent entry level commercial property investment. With the asking price of $1,350,000.00 the purchase will be Stamp Duty exempt** and any reasonalble offers will also be considered.

Inspections are by appointment ONLY. Call Chris Drakakis now on 0417 438 931 for further information and inspection appointment.


**Stamp Duty exempt for ACT Commercial Property sales under $1.5mil



Inspections

No open times scheduled. Contact Agent to arrange a viewing.

Key Details

Property Type:Retail, Office, Retail, Industrial, Warehouse
Block Size:972 (approx)
Stamp Duty:$0
Alpha Commercial Property

Maps and area information

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Block information
Block size: 972 (approx)
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What's Nearby

Queanbeyan West Public School, QueanbeyanPrimary School
3.3km
Queanbeyan High School, QueanbeyanHigh School
4km
Queanbeyan District Hospital & Health ServiceHospital
4.8km
Riverside PlazaMajor Shopping Centre
4.8km
Australian National UniversityUniversity
8.5km
St Clare's CollegeCollege
3.7km
Kingston Post OfficePost Office
4.4km

Fyshwick Suburb Information

 
 
Average Age
49 years
Population
647
Fyshwick Profile
Fyshwick Occupancy

Contact agents

Alpha Commercial Property

Alpha Commercial Property

View agency details
Chris DrakakisAlpha Commercial Property
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This listing has been viewed 275 times. It was first displayed on 17/04/19 and last updated on 21/06/19.