FOR SALE
Expressions Of Interest closing 12 September 2024

149-151 Canberra Avenue
Fyshwick ACT 2609

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3838m2
Land area: 19228m2
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Canberra Avenue Portfolio

149 Canberra Avenue, 151 Canberra Avenue, 9 Nyrang Street & 11 Nyrang Street,
Not often does an opportunity such as this come up in the Canberra market. It Consists of four significant land parcels totalling 19,228 sqm* bound by Canberra Avenue, Nyrang Street and Dalby Street.
• To be sold separately or in one line
• Four significant land parcels
• Total land area of 19,228 sqm* with further development upside
• Anchored by 7-Eleven and KFC
• Total Net Income of $1,066,927 plus-GST*
• One of Canberra's busiest locations
Anchored by 7 Eleven and KFC, the overall site offers a diverse tenancy profile with future development upside, subject to Town Planning and approvals. Accordingly, there is the opportunity for significant 'value add' through repositioning of the assets.
A Development Application is currently under assessment by the ACT Government to construct two new single level commercial buildings on 151 Canberra Avenue for shop uses (designed to accommodate food offerings). The Development Application also considers the redevelopment of the existing KFC. This is a significant advantage to the buyer in determining a future strategy for the site, should they adopt these plans.
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Property Details for 149-151 Canberra Ave, Fyshwick

Building Type
Commercial
Floor Size
3838m2
Land Size
19228m2

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About Fyshwick 2609

The size of Fyshwick is approximately 9.8 square kilometres. It has 3 parks covering nearly 21.1% of total area. The population of Fyshwick in 2011 was 647 people. By 2016 the population was 44 showing a population decline of 93.2% in the area during that time. The predominant age group in Fyshwick is 40-49 years. Households in Fyshwick are primarily single parents and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Fyshwick work in a labourer occupation..

Fyshwick has 1,331 properties. As at 31 October 2024:

  • The median value for Houses in Fyshwick is $2,241,109 while the median value for Units is $621,937.
There are currently 7 properties listed for sale, and 39 properties listed for rent in Fyshwick on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Fyshwick.

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