OFF MARKET

179-181 Newcastle Street
Fyshwick ACT 2609

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 20501m2
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Property Details for 179-181 Newcastle St, Fyshwick

Building Type
Commercial
Land Size
20501m2
Local Government
Canberra Central
Lot/Plan
FYSHWICK: Block 16, Section 19

Last Listing description (July 2023)

Block B, 9 Pirie Street, Fyshwick ACT
- 11,432sqm underdeveloped site
- 4 existing structures totalling 2,346 sqm GLA

- Centrally located withing Fyshwick industrial zoning
Canberra Commercial and Barton Commercial are pleased to present a prime opportunity to acquire "Block B" of this ICONIC site known as The Canberra Times site.

Key attributes of the opportunity are as follows:
- Strategically located with easy access to Monaro Highway, which connects Sydney and Melbourne
- Large hardstand site with four existing structures
- Warehouse sizes of 1,057sqm, 616sqm and 208sqm
- Warehouses clearance of 7 meters and 10 meters
- Office area of 452sqm
- Allowed development Ratio of 1:1*

Classified as IZ2 Industrial Mixed-Use Zone under the Territory Plan 2008. Current uses allowed are Manufacturing and Publishing however the buildings/site may be suitable for a variety of potential uses including bulky goods retailing, defence installation, office and/or scientific research establishment, subject to ACT Government approval (STCA).
As part of the subdivision, the vendor is adding storage and warehousing to the purpose clause.

Expression of Interest closes Wednesday 7 September 2022 at 2pm (AEST)

*Subject to subdivision approval

Property History for 179-181 Newcastle St, Fyshwick, ACT 2609

A timeline of how this property has performed in the market
Last Sold
$18,936,000
11 Oct 2022
  • 20 Jun 2023
    Listed for Sale Contact Agent
  • 11 Oct 2022
    Sold for $18,936,000
  • 11 Aug 2022
    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 1,331 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 6 properties listed for sale, and 39 properties listed for rent in Fyshwick on OnTheHouse. According to CoreLogic's data, 48 properties were sold in the past 12 months in Fyshwick.

Suburb Insights for Fyshwick 2609

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.