FOR SALE
By Negotiation

19 Mildura Street
Fyshwick ACT 2609

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 6382m2
Land area: 30400m2
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Once in a generation Fyshwick development/investment opportunity

This is a prime opportunity to get a foothold on a significant land holding in one of Canberra's most central and established commercial precincts. Forming part of the well known East Lake Precinct, the largely regular shaped site provides developers, investors and land bankers significant holding income whilst the planning outcomes of the precinct are determined by the East Lake Place Planning Project.
As stated by the Department of Environment, Planning and Sustainable Directorate, the primary objective of this Planning Project is to finalise the planning for the East Lake precinct in collaboration with the community and key stakeholders to guide future urban renewal and regeneration, land release, housing, sustainable development and infrastructure**.
The key fundamentals of the site include:
• Significant site area of 30,400sqm approx
• Current Net Income $1,169,349 +GST pa*
• Existing building area of 6,382 sqm*
• Grossly underdeveloped with permitted GFA of 25,000 sqm
• Mildura Street frontage of 193 metres
• Blue Chip tenant profile including ASX listed companies
Offering flexibility, security, uplift and holding income, this is an opportunity that does not present to the market often in Canberra, particularly in a location such as this. The property is For Sale by Negotiation.
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Property Details for 19 Mildura St, Fyshwick

Building Type
Commercial
Floor Size
6382m2
Land Size
30400m2

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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 6 properties listed for sale, and 40 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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