1/151 Newcastle StreetFyshwick ACT 2609
Property Details for 1/151 Newcastle St, Fyshwick
Last Listing description (July 2022)
The Lyell Centre is in a prime location on the corner of Newcastle and Lyell Streets, Fyshwick.
Now available for sale as an investment opportunity - unit 1, 151 Newcastle Street Fyshwick.
This property provides an opportunity to purchase a well presented office/showroom unit leased to a well-established tenant that is returning a 7.7% net yield. With a new 3 year lease that has recently been renegotiated at a market rental, the purchaser can be assured that they are purchasing a property at current market rental and capital value.
Property highlights
465m2 office unit
Ground floor with mezzanine
Separately air-conditioned
4 car spaces
New 3 year lease in place with 3 year option with a long term tenant (20+ years)
For further information or an inspection contact Dania 0406 375 946 dania.khalil@civium.com.au
Property History for 1/151 Newcastle St, Fyshwick, ACT 2609
- 20 Apr 2020Listed for Rent $102,742 / year
- 05 Jun 2019Listed for Sale $925,000.00 ex GST
- 20 Jun 2007Sold for $690,000
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0About 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 1,324 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.
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