7/24 Iron Knob StreetFyshwick ACT 2609
Property Details for 7/24 Iron Knob St, Fyshwick
Last Listing description (November 2019)
The MBA award-winning, FRINGE at Epicentre, is a commercial development located backing Canberra Avenue and directly adjacent to the Canberra Outlet Centre in Fyshwick. The highly recognisable position offers exposure to one of Canberra's busiest arterial roads with traffic from all areas of Canberra and Queanbeyan districts.
For Sale is an opportunity to invest in two Level 1 units in the superbly presented "Fringe" building in Fyshwick. This available space is neatly fitted out with offices, receptions, open plan work spaces and a board room. Units 7+ 8 are two separate leases, providing a combined space of 185m2.
Features:
* Unit 7- 3yr lease ending Nov 2020 with 3 yr option
* Unit 8 - new 3+3 year lease in place (started 28 June 2019).
* The development provides superior quality facilities
* Individual air-conditioning services for each unit
* Shared fully furnished kitchen, meeting and break out areas and showers and change room amenities
* Convenient customer car parking and easy lift access with an abundance of natural light
Annual Rental Income
- U7 (110m2) | $32,857 + GST pa (yr 2) | (3% fixed rent review) | Outgoings - Rates: $4,505.40 Water: $648, Strata: $5,530.80 (All outgoings paid by tenant)
- U8 (74.9m2) | $26,976 + GST pa | 1.5% + GST increases, (3% + GST fixed -in option period) | Outgoings - Rates: $3,894.57, Water: $648, Strata: $3,737.04
For more information, or to arrange an inspection contact David Grimmond on 0406 376 697
Property History for 7/24 Iron Knob St, Fyshwick, ACT 2609
- 24 Oct 2019Sold for $650,000
- 02 Sep 2019Listed for Sale $650000.00
- 29 Aug 2014Sold for $550,000
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0About 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.
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