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 thepurchase willbe 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
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Block size: 972m² (approx)
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Enrolment areas for ACT public schools.
Queanbeyan West Public School, QueanbeyanPrimary School
Queanbeyan High School, QueanbeyanHigh School
Queanbeyan District Hospital & Health ServiceHospital