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 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.
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:
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