OFF MARKET

1/2 Lyell Street
Fyshwick ACT 2609

Bedrooms: -
Bathrooms: -
Car spaces: 4
Land area: 378m2
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Property Details for 1/2 Lyell St, Fyshwick

Building Type
Commercial
Land Size
378m2
Local Government
Canberra Central
Lot/Plan
FYSHWICK: Block 14, Section 22, Unit 1

Last Listing description (April 2023)

This industrial/warehouse property is located in a sought-after area that is rapidly becoming one of the most desirable locations for business. The building is modern and spacious with immediate access to central transport links.

This purpose-built space offers a whopping 6.25% return on investment annually, making it a great opportunity for those seeking an incredible financial return from their investment. The building comprises a spacious open-plan design with multiple storage and working areas, as well as a large central area for meetings. Additionally, there are four car spaces available for tenants and visitors.


The building offers a range of features and benefits for all types of businesses, from manufacturing and industrial, to retail and hospitality. From automated door locks and remote monitoring systems, to air conditioning and an on-site car park, this building is fully equipped and ready to be used.

If you are looking for a reliable, long-term investment with a high return, then this warehouse space is the ideal choice. It offers the perfect mix of great location, excellent financial return, and all the latest features and amenities to ensure a smooth and efficient operation. Don't miss out on this amazing opportunity.

Features:
* One of 3 strata units providing two tenancies
* Onsite parking for 4 vehicles
* Ground Floor - 378sqm 5 year commencing 29 June 2021
* Level 1 - 199sqm ( new lease 2 year term commenced April 2021)
* Total Gross building area 577m2
Anticipated net yield range of 6.25-6.5% (estimated)

Please call the exclusive listing agent:
David Toner
BMR Commercial on 0402 673 547

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Property History for 1/2 Lyell St, Fyshwick, ACT 2609

A timeline of how this property has performed in the market
Last Sold
$1,660,000
30 Aug 2023
Listed for Rent
$839/w
06 May 2021
  • 30 Aug 2023
    Sold for $1,660,000
  • 24 Nov 2021
    Sold for $1,595,000
  • 09 May 2021
    Listed for Sale POA
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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 1,333 properties. As at 31 July 2024:

  • The median value for Houses in Fyshwick is $2,263,810 while the median value for Units is $621,937.
There are currently 9 properties listed for sale, and 36 properties listed for rent in Fyshwick on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Fyshwick.

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