Situated on a land rich parcel within a highly coveted area of Canberra’s Inner South, 16 Nyrang Street, Fyshwick is an exceptional investment or future owner occupier opportunity. The asset comprises a freestanding warehouse offering ~5,500m² of NLA across a single level building plus mezzanine office. The property is rectangularly shaped and features a wide frontage of ~70m to Nyrang Street (north-west facing) with hardstand area and significant onsite parking.

The asset is 100% leased with a strong 20+ year history of occupation by the current tenant, who has recently executed a new 3-year lease extension. There are no options included in the new lease arrangement, providing flexibility to a future owner.

16 Nyrang Street sits prominently opposite the Fyshwick Fresh Food markets, and <100m from the major arterial road of Canberra Avenue. The high-profile site is surrounded by a mix of industrial office and warehouse properties, with major facilities such as the Canberra Outlet Centre, Kingston Foreshore and Manuka Shopping precinct all being within a 3km radius. In addition, the property lies within an area known as the East Lake Precinct, currently under investigation by the ACT Government for future re-zoning.

For sale by Expressions of Interest (EOI) closing Thursday 15 December 2022 at 4pm (AEDT).