Significant Upside
279 Canberra Avenue is a good quality 1170sqm warehouse, sitting on a 2494sqm hardstand parcel of land. The property is made up of traditional warehouse space with an ancillary office. The warehouse is accessed by three 7m roller doors with drive through access with the capacity to increase the gross floor area by adding a mezzanine level. The reverse cycle air condtioned office area includes toilets and lunch room. The warehouse is currently occupied by a strong national tenant with 3 years remaining on the lease with 4.5% increases annually.
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:
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