1/59 Tennant Street, Fyshwick, ACT 2609 | Property Value & History | OnTheHouse
OFF MARKET

1/59 Tennant Street
Fyshwick ACT 2609

Bedrooms: -
Bathrooms: -
Car spaces: 6
Land area: 9720m2
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Property Details for 1/59 Tennant St, Fyshwick

Building Type
Commercial
Land Size
9720m2
Local Government
Canberra Central
Lot/Plan
FYSHWICK: Block 58, Section 34, Unit 1

Last Listing description (August 2021)

Offered for sale in one line are units 1 & 2 of 59 Tennant St Fyshwick.

The units are part of a 6 unit strata development identified as Units Plan 1776. The units are situated on the ground floor of the property and are currently leased to Waterland to September 2021 with Options.

UNIT 1

Unit 1 has a total GFA of 642sqm and comprises of 292sqm NLA under roof with an additional 309sqm NLA of hardstand yard space at the rear of the property with allocated parking to front of 41sqm. The premises is made up of retail area, offices and storage area. The retail and office area has quality fitout that includes carpet, tiles, suspended ceiling and ducted air conditioning including staff amenity. The hardstand yard space has been secured by fencing and is covered from the elements.

UNIT 2
Unit 2 has a total GFA of 330sqm and comprises of 289sqm NLA under roof with an additional 14sqm NLA of hardstand yard space at the rear of the property for vehicle parking with allocated parking to front of 27sqm. The premises is made up of retail area, offices and storage area. The retail and office area has quality fitout that includes carpet, tiles, suspended ceiling and ducted air conditioning including staff amenity.

Both units are Leased to Waterland Irrigation until 30 September 2021 + Options. Waterland is the longest running and biggest irrigation specialist in the ACT. Established in 1978, Waterland has been in this location since construction of the property was completed in 1999. An established long term tenant.

Combined Net Income is $98,041.00 this property represents as an excellent entry level commercial property investment.
Inspections are by appointment ONLY. Call Chris Drakakis now on 0417 438 931 for further information and inspection appointment.

Property History for 1/59 Tennant St, Fyshwick, ACT 2609

A timeline of how this property has performed in the market
Last Sold
$825,000
22 Feb 2022
  • 22 Feb 2022
    Sold for $825,000
  • 04 May 2019
    Listed for Sale Not Disclosed
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About Fyshwick 2609

The size of Fyshwick is approximately 9.8 square kilometres. There are 3 parks, covering nearly 21.1% of the total area. The population of Fyshwick in 2016 was 56 people. By 2021 the population was 52 showing a population decline of 7.1% in the area during that time. The predominant age group in Fyshwick is 30-39 years. Households in Fyshwick are primarily couples with children and are likely to be repaying not stated per month on mortgage repayments. In general, people in Fyshwick work in a managers occupation.In 2021, 0.00% of the homes in Fyshwick were owner-occupied compared with 0.00% in 2016.

Fyshwick has 1,325 properties. As at 31 July 2026:

  • The median value for Houses in Fyshwick is $2,200,317 while the median value for Units is $621,937.
There are currently 15 properties listed for sale, and 40 properties listed for rent in Fyshwick on OnTheHouse. According to Cotality's data, 44 properties were sold in the past 12 months in Fyshwick.

Suburb Insights for Fyshwick 2609

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.