Fyshwick is the recognised industrial suburb of Canberra, located in the south east of Canberra, with 2 of Canberra's main roads running close by. It neighbors the NSW border with Queanbeyan and is a 10 minute drive from the Canberra Airport. Fyshwick is now evolving from an older industrial suburb into a new modern area

Now available, is a rare opportunity to secure a fully tenanted, free hold investment property in this busy and growing area with a high net return.

The investment property comprises of the following main attributes;

• Building area 740m2
• Block area 1463m2
• Tenant Capital Men’s Club – Lease expiry 30/06/2027 with a further 10 year option
• Gross rental income of $133,066
• Fixed 3.5% annual increases
• Annual out-goings of $41,355
• Net annual income $91,711
• Excellent value, with high return.
• Well located with excellent exposure

The building will be a highly sought building due to its long term tenant, high return, building quality and great location in Fyshwick. Copies of lease documentation can be provided on request.

The building is for sale via private treaty $1,150,000

For further information or to inspect, contact Dania Khalil 0406 375 9... Dania.khalil@civium.com.au