FOR SALE

19 Mildura Street
Fyshwick ACT 2609

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 18673m2
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Property Details for 19 Mildura St, Fyshwick

Building Type
Commercial
Land Size
18673m2
Local Government
Canberra Central
Lot/Plan
FYSHWICK: Block 18, Section 30

Last Listing description (September 2024)

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 30,400 sqm 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 Expressions of Interest and we encourage investors, developers and any other interested parties to inspect.

*Approximate
**East Lake Plan (Part 01)

Property History for 19 Mildura St, Fyshwick, ACT 2609

A timeline of how this property has performed in the market
Last Sold
11 Sep 2000
Listed for Rent
$6/w
14 Feb 2023
  • 08 Aug 2024
    Listed for Sale Expressions Of Interest closing 12 September 2024
  • 08 Nov 2018
    Listed for Rent - Price not available
  • 23 Aug 2018
    Listed for Rent - Price not available
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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.

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.