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134-136 Gladstone Street Fyshwick, ACT 2609

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134-136 Gladstone Street,
Fyshwick, ACT 2609

Warehouse, Factory & Industrial

Price information

Sold

$2,000,000

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Map of 134-136 Gladstone Street

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MUST SELL! - Gladstone Street Investment

  • Refurbishment or reposition opportunity
  • Currently leased to multiple tenants
  • Prominent Gladstone Street location
• Diversified income stream from a multi-tenanted asset.
• Excellent opportunity to add value and enhance yield through refurbishment of the existing vacant tenancies and active management of current tenants.
• The property has a prominent frontage to Gladstone Street and is centrally located in a recognised prime bulky goods precinct.
• The building’s excellent street exposure and proximity to other recognised retail tenancies and bulky good outlets enhances its appeal.
• Attractive initial yield with potential for higher returns on leasing of vacant tenancies.
• Well located multi-tenant investment opportunities rarely come on the market in Fyshwick.
• The opportunity to purchase a well located multi-tenanted investment property below replacement cost.
• Potential capital growth on leasing of vacant tenancies and renewal of existing leases.

FIRM INSTRUCTIONS TO SELL THIS PROPERTY

Under instruction from Matt Adams and Nathan Landrey of FTI consulting as Receivers and Managers Appointed

Property ID: 501028891Last Updated: 26 Jun 2015

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134-136 Gladstone Street
Fyshwick, ACT 2609
JLL - Canberra
Level 7, 121 Marcus Clarke Street
CITY, ACT 2601

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