Why this renovated commercial property in Fyshwick represents a rare opportunity

Fyshwick still holds the crown as Canberra’s most in-demand light industrial precinct, for one good reason – it’s worn that title for much longer than any wannabe rivals.

That’s why it continues to offer options like this recently renovated property, comprising a 585-square-metre warehouse on a 1219-square-metre site.

It also has office accommodation and a caretaker’s residence, built to residential home standards, with a living area, quality kitchen, bathroom and laundry, and featuring bespoke cabinetry and floor-to-ceiling tiles.

The site also carries an approved DA to expand the warehouse by a further 360 square metres – a significant bonus. A wide range of industrial activities is permitted.

Chris Antos of Sentia Real Estate says the whole package represents a rare opportunity.

“This kind of offer, one that presents a quality warehouse with a high-end caretaker’s residence and plenty of parking, just doesn’t come along very often,” he says.

“It has that immediate scope to expand, making it a perfect option for owner-occupiers, investors or developers looking to stake a place in Fyshwick’s continued growth.”

The property is partially leased, delivering a passing annual gross income of around $131,000.

An additional 339 square metres is available for lease or to occupy immediately.

The site stakes 32 metres of Geelong Street frontage and is about 38 metres deep.

Price Guide: $2.85m

Whole Site/8 Geelong Street, Fyshwick ACT 2609

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