OFF MARKET

15 Albany Street
Fyshwick ACT 2609

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2973m2
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Property Details for 15 Albany St, Fyshwick

Building Type
Commercial
Land Size
2973m2
Local Government
Canberra Central
Lot/Plan
FYSHWICK: Block 9, Section 29

Last Listing description (August 2023)

Burgess Rawson is pleased to offer to the market the Fantastic Furniture at 15-19 Albany Street, Fyshwick (Canberra) ACT for sale via Private Sale

+ Secure 10-year lease to September 2031 plus options to 2041
+ The property has successfully operated as a furniture outlet for 37 years,

since 1987
+ Fantastic Furniture: leading Australian furniture retailer with over 80 stores nationally
+ Greenlit Group: Freedom, Fantastic Furniture & Snooze, 227 locations across Australia and New Zealand a wholly owned subsidiary of Steinhoff International (SNH:FF)
+ Steinhoff International is a global holding company with more than 40 brands in over 30 countries, listed on the Frankfurt Stock Exchange
+ Landmark 2,694sqm* showroom and warehouse complemented by 27 car spaces on-title
+ Extensive 'capital intensive' fit-out upgrade by tenant in 2022
+ Prime position in Canberra's large format retail precinct amongst national retailers, Amart, BCF, Bunnings and Harvey Norman
+ Conveniently located only 2km* from Canberra Airport, with almost 2.9 million arrivals and departures each year**
+ Fyshwick: Retail Royalty Precinct and only 7km* from the Canberra CBD
+ ACT: By 2060, population is projected to grow to 784,000, a 41% increase***
+ Net Income: $399,250 pa* + GST (as at July 2023)

*Approx
**Canberra Airport
***ABC

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Property History for 15 Albany St, Fyshwick, ACT 2609

A timeline of how this property has performed in the market
Last Sold
$6,000,000
28 Apr 2022
  • 13 Apr 2023
    Listed for Sale Price on Request
  • 28 Apr 2022
    Sold for $6,000,000
  • 11 Oct 2019
    Listed for Sale Contact Agent
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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 1,328 properties. As at 30 September 2024:

  • The median value for Houses in Fyshwick is $2,207,551 while the median value for Units is $621,937.
There are currently 7 properties listed for sale, and 36 properties listed for rent in Fyshwick on OnTheHouse. According to CoreLogic's data, 48 properties were sold in the past 12 months in Fyshwick.

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