4,377m* corner site
1.79-year^ WALE by income
1,376m* of internal NLA
1 Albany Street, Fyshwick presents an exceptional opportunity to secure a fully leased industrial investment within Canberra's largest industrial precinct. 1 Albany Street is offered for sale by Expression of Interest closing 3pm Tuesday 21 April 2026, as part of the Kennards Portfolio.
Positioned on the high-exposure corner of Albany Street and Collie Street, the asset comprises two freestanding dual-level industrial buildings and a substantial leased hardstand area. The property delivers 1,376m* of internal NLA on a significant 4,377m* landholding with a wide ~40m frontage to Albany Street, providing excellent visibility, access and signage potential.
The asset is 100% leased to five tenants, generating a gross passing income of $373,973* ex GST and supported by a 1.79-year^ WALE by income. The staggered lease expiry profile offers secure holding income with future repositioning and value-add potential, underpinned by strong demand for industrial accommodation in the Fyshwick precinct.
Key Investment Highlights Include:
Fully leased industrial investment with 1.79-year^ WALE by income and diversified tenant profile.
1,376m* total NLA across two freestanding buildings plus substantial leased hardstand.
Large 4,377m* corner site with ~40m frontage to Albany Street.
Gross passing income of $373,973* ex GST with strong outgoings recoveries.
High-visibility location with excellent access and prominent signage opportunities.
IZ2: Industrial Mixed-Use zoning allowing a wide range of industrial and commercial uses.
Strong demand for industrial accommodation in Fyshwick, Canberra's premier trade and service precinct.
Future value-add potential through redevelopment**, leasing negotiations or asset repositioning.
For more information or to arrange an inspection contact the listing agents.
*approximately
^as at 1 March 2026
**STGA
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 1,350 properties. As at 30 April 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.