Property 100% leased to The Commonwealth of Australia represented by Department of Home Affairs.
New Five (5) year lease commenced 01st May 2020
Offices, training and warehouse facility: established in this location and occupied since 2006
Fyshwick: Canberra’s most established bulky goods and largest industrial area
In close proximity to Canberra International Airport and Canberra’s CBD
Prominent corner 4,907 sqm site
Easily managed, single tenanted investment
Full depreciation report available.
The Department of Home Affairs is undertaking further upgrades with capital expenditure well in excess of $1 million.
Title Details - Blocks 19 and 20, Section 33, Fyshwick
Site Area Blocks 19 and 20: 4,907 sqm
Zoning - IZ2: Industrial Mixed Use
Lease Details - New 5 year lease renewal to 30th April 2025
Attractive CPI + 1.25% annual rent increases
Net Income - $490,331 + GST
For further information or to arrange an inspection please contact Steve Burke on 0428 434 464.
For more details, please email agent