1 Albany Street, Fyshwick, ACT 2609 | Property Value & History | OnTheHouse
FOR SALE

1 Albany Street
Fyshwick ACT 2609

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 351m2
Land area: 4376m2
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Property Details for 1 Albany St, Fyshwick

Building Type
Commercial
Floor Size
351m2
Land Size
4376m2
Local Government
Canberra Central
Lot/Plan
FYSHWICK: Block 74, Section 29

Last Listing description (May 2026)

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

Property History for 1 Albany St, Fyshwick, ACT 2609

A timeline of how this property has performed in the market
Listed for Rent
$851/w
02 Dec 2024
  • 22 Mar 2026
    Listed for Sale Contact Exclusive Agents
  • 11 Apr 2024
    Listed for Rent $48,840 / year
  • 30 Jun 2020
    Listed for Rent $36,750 / year
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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 1,350 properties. As at 30 April 2026:

  • The median value for Houses in Fyshwick is $2,366,211 while the median value for Units is $621,937.
There are currently 19 properties listed for sale, and 37 properties listed for rent in Fyshwick on OnTheHouse. According to Cotality's data, 53 properties were sold in the past 12 months in Fyshwick.

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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.