The propery is situated in Fyshwick, Canberra's premier industrial estate, and comprises of a two level air-conditioned office building, a warehouse with further administration offices, and a large surface carpark to the rear. The improvements have a total area of 2581sqm on a 10,640sqm site with the ability to develop up to 10,640 square metres of GFA under the existing Crown Lease.

Currently leased to ASX listed AGL Limited for a period of 11 years expiring 28 February 2009 with two three year options. The rent has recently determined by an independent valuer at $466,000 per annum with the next market review due on 1 March 2008.

An excellent opportunity to acquire a blue chip investment with development upside in Canberra's major Industrial estate.