ASX listed covenant
Striking building, contemporary design
Strong 10* year WALE by income
Unit 17 & 18, 24 Iron Knob Street is the "perfect ACT investment", with a highly sought-after covenant being an ASX listed company. This is an ideal opportunity for the astute investor to acquire a secure, passive investment and unlock the benefits from day one.
Raine & Horne Commercial Canberra have the privilege to offer Unit 17 & 18, 24 Iron Knob Street, Fyshwick ACT for sale.
Estimate Net Income: $460,544 p.a ex. GST^
Fully Leased with a 10* year WALE^ by income, featuring 3.75% annual rent reviews
Occupied by Southern Cross Austereo
Modern and attractive building, serviced by a lift
Secure undercroft car park, with 36 allocated bays
Excellent historical leasing performance
Built-in 2013 providing potential depreciation benefits
Highly efficient and flexible floor plate with great natural light
^As at 1 December 2020 *Approx.
Parties interested in acquiring this key asset are invited to lodge an Expressions of Interest (EOI) by 4 pm on Thursday, 29 October 2020.
Please contact the selling agents to receive a detailed IM and access to further information, or to arrange an inspection of the property.
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 1,347 properties. As at 31 May 2026:
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