5 Albany StreetFyshwick ACT 2609
Property Details for 5 Albany St, Fyshwick
Last Listing description (August 2011)
A ''CASH COW'' INVESTMENT IN CENTRAL FYSHWICK!
Albany Street is one of the main roads and thoroughfares in Canberra's largest industrial / commercial suburb, Fyshwick. 5-7 Albany Street is located approximately half way down Albany Street and provides high exposure and street presence. The block is also located within view of the junctions connecting Townsville Street and Collie Street.
An L-shaped showroom / warehouse building comprising an open plan retail area at the front serviced by sufficient on grade car parking. The building also comprises a storage area at the rear which has a mezzanine level accessed via stars on both sides. Located on the ground floor of the storage area are male and female toilet facilities, a kitchenette / lunch room and a shower.
The property boasts the flowing strengths and opportunities:
- Stand alone building on its own block (no body corporate / strata fees)
- Minimal maintenance
- Leased until 30 June 2015 with 50% of outgoings recoverable from tenant
- Same tenant has been in occupation since mid 1980's
- Opportunity to subdivide into 5 smaller tenancies
- Strong demand for small strata units and detached showroom/warehouses throughout Fyshwick
The property is for Sale by Expressions of Interest (EOI) closing Thursday 22 September 2011.
For further information or to arrange an inspection, please contact Mark Nicholls of CB Richard Ellis, Canberra.
Property History for 5 Albany St, Fyshwick, ACT 2609
- 04 Nov 2015Sold for $1,650,000
- 29 Sep 2011Sold for $1,400,000
- 10 Sep 2011Listed for Sale EXPRESSIONS OF INTEREST
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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 1,322 properties. As at 30 June 2026:
- The median value for Houses in Fyshwick is $2,275,639 while the median value for Units is $621,937.
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