OFF MARKET

24 Iron Knob Street
Fyshwick ACT 2609

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 3149m2
Land area: 4824m2
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Property Details for 24 Iron Knob St, Fyshwick

Building Type
Commercial
Floor Size
3149m2
Land Size
4824m2
Local Government
Canberra Central
Lot/Plan
FYSHWICK: Block 2, Section 86

Last Listing description (March 2021)

ASX listed covenant
Striking building, contemporary design
Strong 10* year WALE by income

Unit 17 & 18, 24 Iron Knob Street is the "perfect ACT investment", with a highly sought-after covenant being an ASX listed company. This is an ideal opportunity for the astute investor to acquire a secure, passive investment and unlock the benefits from day one.
Raine & Horne Commercial Canberra have the privilege to offer Unit 17 & 18, 24 Iron Knob Street, Fyshwick ACT for sale.

Estimate Net Income: $460,544 p.a ex. GST^
Fully Leased with a 10* year WALE^ by income, featuring 3.75% annual rent reviews
Occupied by Southern Cross Austereo
Modern and attractive building, serviced by a lift
Secure undercroft car park, with 36 allocated bays
Excellent historical leasing performance
Built-in 2013 providing potential depreciation benefits
Highly efficient and flexible floor plate with great natural light

^As at 1 December 2020 *Approx.
Parties interested in acquiring this key asset are invited to lodge an Expressions of Interest (EOI) by 4 pm on Thursday, 29 October 2020.
Please contact the selling agents to receive a detailed IM and access to further information, or to arrange an inspection of the property.

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Property History for 24 Iron Knob St, Fyshwick, ACT 2609

A timeline of how this property has performed in the market
Listed for Rent
$866/w
17 Oct 2015
  • 28 Jan 2021
    Listed for Sale For Sale via EOI closing 4pm (AEST) Thu
  • 29 Sep 2020
    Listed for Sale For Sale via EOI closing 4pm (AEST) Thu
  • 05 May 2015
    Listed for Sale Not Disclosed
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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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