AXS Business Centre, 169 Gladstone Street,
Fyshwick, ACT 2609

Offices

Key property information

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Car spaces

Parking info

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NABERS

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Map of AXS Business Centre, 169 Gladstone Street

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Fully-leased Centre anchored by Commonwealth Government

Large 10,102m² site
Diverse mix of tenants
Potential to add value

Acquire a 100% interest in the Petros Group Portfolio (PGP) via EOI, which consists of six high profile and diversified commercial assets including the AXS Business Centre. The AXS Business Centre is also being offered for sale individually via EOI.
The AXS Business Centre comprises five high quality and prominent industrial office buildings constructed on a significant corner site of 10,102m² with exposure to busy Gladstone and Tennant Streets in Fyshwick. The buildings range in size from 816m² - 1,830m² and have been maintained to a high standard with ongoing Capex. The Centre provides a total office NLA of 6,251m² with 136 dedicated on-grade car spaces.

As at 1 February 2017 the Centre is 100% occupied by a diverse mix of tenants including the Commonwealth of Australia (53% of income), CDM, MSS Security and McDonald Jones Homes and features a WALE of 3.75 years by income.
The AXS Business Centre offers purchasers a fully-leased investment anchored by the Commonwealth Government, whilst providing numerous value-add opportunities for buyers to investigate.

Fyshwick, 2609 demographic data

The median household income for Fyshwick is $1,374, 42% lower than Australian Capital Territory's household income of $2,373. Fyshwick has an older age profile compared to the rest of Australian Capital Territory (median age 37 vs 35).

Population

$1,374 per week

Median household income

37 years

Median age

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