157 Newcastle StreetFyshwick ACT 2609
Property Details for 157 Newcastle St, Fyshwick
Last Listing description (February 2023)
Burgess Rawson are delighted to exclusively offer for sale by expressions of interest this prominent building on Newcastle Street Fyshwick with street frontage and ample on-site car parking available for both customers and staff. Prime location with connection to Monaro Highway, CBD and Canberra Airport.
Fyshwick is the premier commercial and industrial region in Canberra, facilitating goods and services along with a strong retail mix. Surrounded by major wholesale and retailers such as King Furniture, Harvey Norman, Good Guys, Bunnings, McDonald's, Drummond Golf and Beaumont Tiles in addition to Commonwealth Government offices.
157 Newcastle Street is a standalone building currently split into two tenancies and located on the most prominent street in Fyshwick with high passing traffic.
The building presents itself as a fantastic investment opportunity being rented by two long established tenants with options to put new leases in place plus attractive minimum annual rent increases.
Great opportunity for owner occupiers to purchase on Newcastle Street and change the building to meet your requirements with a large secure yard.
For sale by EOI closing 4pm Thursday 08th December 2022, with offers consider prior.
- Prominent signage for tenants or owner occupiers
- Large on-site rear car park
- Estimated potential net income - $171,600
- Zoning: IZ2 Industrial Mixed Use
- New lease opportunities
Current Tenants
Australian Hot Water
(In occupancy approximately 30 years)
Month to Month tenancy
Nu - Lay Flooring Xtra
(In occupancy since 1971)
Month to Month tenancy
Land area - Approximately 1,654sqm
Total Building area - Approximately 780sqm
Unit 1 - Approximately - 390sqm
Unit 2 - Approximately - 390sqm
For sale by EOI closing 4pm Thursday 08th December 2022, with offers consider prior. To express interest please submit here - https://www.cognitoforms.com/BurgessRawsonACT/expressionofinterestsale
For further information or to arrange an inspection please contact Guy Randell on 0430 272 999 or Steve Burke on 0428 434 464 or Michael Burke on 0491 628 839
Property History for 157 Newcastle St, Fyshwick, ACT 2609
- 14 Feb 2023Sold for $2,800,000
- 03 Nov 2022Listed for Sale $2,800,000
- 02 Dec 2021Transferred
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0About 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 1,347 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.
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